Shopping Centers

What to Look Out for When Reviewing an NNN Lease What is a Triple Net Lease? A lease agreement where the tenant agrees to cover all expenses, including property taxes, building insurance, and maintenance, in addition to paying rent and utilities, is known as a triple net (NNN) lease. This is a type of commercial […]

REIT Earnings Recap & Forward Momentum: Q2 2024 Quarterly Insights from Open-Air Shopping Center REITs Record Occupancy and Leasing Activity The open-air shopping center REITs recently wrapped up their earnings calls for the 2nd quarter of 2024 and gave their insights on what they expect for the back half of the year. Many of the […]

Central Florida Retail Market Report Market Overview Central Florida, recognized for its many attractions and entertaining culture, is experiencing favorable growth in retail spaces. Cities such as Orlando, Vero, Melbourne, and Daytona are rising contenders for retailers looking to expand their markets.   Orlando The retail market in Orlando has experienced considerable growth over the […]

Broward County & Palm Beach County Shopping Center Market Report Market Overview Palm Beach County, Florida, is renowned for its small-town charm and exceptional quality of life, making it an attractive location for new and expanding shopping centers. Similarly, Broward County is an appealing market for general retailers because of its close proximity to the […]

What’s New in Strip Centers for 2024 Shift of Capital Placement There’s a significant amount of capital pursuing a limited number of strip center deals. We’re noticing that traditional retail investors are hyper-focused on the unanchored strip center side of their portfolio. Additionally, investors from other asset classes, such as multifamily, land, and industrial, are […]

Shopping Center Trends in Placemaking & Merchandising Finding balance between the objectives of landlords and community stakeholders is vital in shaping the future of a shopping center. Key factors such as merchandising and placemaking define the property’s ambiance and drive foot traffic, creating a dynamic and profitable environment for landlords, tenants, and the community. The […]

Investor Appetite for Shopping Centers Strongest in a Decade And AI tools are supporting investment strategies for both anchored and non-anchored properties.   Shopping center investment is turning a corner. After several years of declining sales volumes—Q1 YOY, investment activity was down nearly 36%—buyer appetite for both anchored and unanchored shopping centers is picking up. […]

Exploring Undefined Territory: Strip Retail Centers Strip retail centers have flown under the radar in recent years as investors have gobbled up shopping centers anchored by grocery stores. Over the past 24 months, institutional capital has turned its eyes to properties without a high-profile anchor to strip retail centers. Let’s explore why.   What Is […]

Savannah Multi-Tenant Retail Market Report Market Overview With a strong local economy characterized by population growth and tourism, Savannah’s retail market remains a significant interest for investors. The leisure and hospitality sector, employing approximately 15% of the labor force, plays a significant role in Savannah’s economy, with tourist spending exceeding $3 billion. Savannah’s economy has […]