Grocer Announcements Continue as Retail Market Diversifies
|
|
- Todd Harvey
- 5 years ago
- Views:
Transcription
1 Research & Forecast Report GREENVILLE, SC RETAIL Q Grocer Announcements Continue as Retail Market Diversifies Jessica Rahal Research Coordinator South Carolina Key Takeaways > > The vacancy rate for the Greenville, SC retail market remained flat through the third quarter of 2015 despite significant interest from grocers and national retailers. Market Indicators Relative to prior period Q Q4 2015* VACANCY NET ABSORPTION > > New retailers announce plans to enter the market. Existing retailers grow footprints. > > Grocers continue to announce new stores as the region s population grows. CONSTRUCTION RENTAL RATE Note: Construction is the change in Under Construction. *Projected > > Redevelopment and new construction activity gains momentum. > > Asking rental rates are increasing as construction costs rise. Market Conditions Greenville, South Carolina s attractive demographics allow for a wide range of retailers to succeed in the market. New retailers continue to enter to the market, oftentimes opening their first South Carolina location. Redevelopment of older centers and new construction activity is gaining momentum as developers strive to meet retailers growing demand for quality space. Visibility and high traffic counts are key factors driving retail site selection, and developers are looking for ways to offer new space at appealing locations. Average Asking Rental Rates Upstate SC Retail Space $4.37 $5.13 $7.75 $8.45 $11.62 $12.33 Verdae Development has begun work at its planned Laurens Road redevelopment. The former Sam s Club and Best Buy locations were recently demolished to make way for construction. Plans include the development of more than 100 acres on Laurens Road between Verdae Boulevard and Woodruff Road. Approximately 30 acres will be redeveloped into retail space with the remaining 70 acres consisting of residential and public green space. The project sits at a highly visible location and is expected to receive positive attention from retailers. Anchor Jr Anchor Shop Space Q4-14 Q3-15
2 Downtown has welcomed various new restaurants, bars and clothing stores over the past year following several residential developments. As the downtown residential population continues to grow, the submarket will likely see new retail development. A small shopping center is being redeveloped at Church Street and University Ridge. The center sits across the street from South Ridge, a new 350-unit apartment complex, and offers 6,429 square feet of retail space. Despite several leases and user-focused construction activity, the vacancy rate remained flat through the third quarter of 2015, which ended with a vacancy rate of 12.6%. Asking rental rates for new retail space are on the rise as construction costs increase. At the end of the third quarter of 2015, asking rental rates for shop space averaged $12.33 PSF NNN. Significant demand from retailers is evidenced by the recent investment sale of a grocery-anchored shopping center. Pelham Place, a 57,158 square-foot shopping center was recently acquired for $5.8 million. The center, located at 3093 South Highway 14 in Greenville, is home to a 38,003 square-foot vacant, but leased, grocery space. Grocer Interest Remains Strong Shoppers will soon have more options when buying groceries as grocers continue to show interest in the market. Grocers planning to enter or expand within the market include Lowes Foods, Harris Teeter, Walmart Neighborhood Market, The Fresh Market, Aldi and Lidl. > > Lowes Foods recently began construction on its first Upstate location at Suber and Hammett Bridge Roads. > > Construction is underway at the Lewis Plaza redevelopment, which will be anchored by Harris Teeter s new two-story, 53,000 square-foot grocery store. This will be the first Harris Teeter in the area following the grocer s departure several years ago. > > Walmart Neighborhood Market is expanding its footprint. A new store recently opened at Cedar Springs in Spartanburg. The 42,000 square-foot store will anchor a new 55,000 square-foot center. Additionally, construction is underway on a new store in Simpsonville at 1401 West Georgia Road. The store is expected to open in early > > The Fresh Market recently opened a new 24,000 square-foot store at 1601 Woodruff Road. > > Aldi plans to open two new stores in late October. The stores will be located at 100 Chalmers Road in Greenville and 1050 West Wade Hampton Boulevard in Greer. > > Publix is relocating to a new location in Simpsonville. The grocer will occupy space at Fairview and Harrison Bridge Roads, where Hobby Lobby will also be located. Several grocer closures over the past few years have left big box space vacant at highly-desirable, high traffic count intersections. The vacant spaces have the potential for redevelopment to attract new grocers. Recent Announcements Population growth in the Upstate region is driving the demand for retail services from grocery stores to restaurants and outdoor sporting goods stores. Several retailers made the headlines during the third quarter. > > South Carolina s first Cheesecake Factory restaurant is opening in Greenville at a Haywood Mall outparcel. > > Panera Bread will be moving into a new outparcel restaurant space at Haywood Mall. > > The former K-Mart at Wade Hampton Boulevard is now fully leased. Roses occupied the remaining approximately 35,000 square feet at the center. > > CVS is now open at Augusta Road and Faris Road. The 15,000 square-foot pharmacy sits at the site of a former strip center. The shopping center across the street recently underwent renovations and is home to AT&T and Marco s Pizza. > > Michael Kors is opening a new 2,052 square-foot store in Haywood Mall in November. > > A new Hardee s restaurant occupies the site of a former car lot at Pelham Road and E. North Street. > > Chicken Salad Chick will be opening its third Greenville location along Woodruff Road. > > Barre3 joined the region s roster of fitness centers and is open at 3014-A August Street in Greenville. Lewis Plaza Rendering Source: Upstate Business Journal The Fresh Market at 1601 Woodruff Road Source: CoStar 2 South Carolina Research & Forecast Report Q Greenville Retail Colliers International
3 Q Retail Market Summary Statistics Greenville, SC ANCHOR SPACE (GREATER THAN 25,000 SF) JR. ANCHOR SPACE (10,000-25,000 SF) SHOP SPACE (LESS THAN 10,000 SF) MARKET BUILDINGS INVENTORY VACANCY RATE (%) Belton/Honea Path 5 260, % ,700 $4.97 Boiling Springs 8 605, % 129,000 $ ,152 $8.77 Cherrydale/TR 5 453, % 0-30,100-48,835 $12.00 Clemson Boulevard , % 118, ,072 $8.86 Clemson Pendleton 7 380, % 34,928-21,253 $ ,370 $9.72 Downtown 3 169, % ,841 - Duncan/Lyman 4 219, % 44, ,023 $10.00 Easley 4 541, % 39, ,800 $11.00 East Side , % 128,076-15,600-59,421 $12.96 East Spartanburg 13 1,061, % 34,928-37, ,698 $8.47 Greer 9 729, % 0-21,290 $ ,754 $13.13 Haywood/Pleasantburg 16 1,420, % 78,059-43,478 $ ,809 $15.58 Highway , % ,850 $7.57 Inman/Lyman 4 222, % 34,928-17,500 $6.25 7,920 $8.95 Mauldin 6 410, % ,764 $13.49 Oconee 8 741, % 0-22,400 $ ,250 $10.59 Pelham Road 7 312, % 38, ,890 $13.03 Pickens/Liberty 4 204, % ,680 $12.00 Powdersville 1 141, % Simpsonville , % ,824 $14.35 South Side 4 159, % ,500 $7.00 West Anderson , % 64,396 $ ,193 $ ,240 $10.76 West Spartanburg 16 1,521, % 63,657 $ ,872-57,943 $14.54 White Horse Road/Berea , % 48,510 $ ,265 $8.82 Woodruff Moore 3 145, % Woodruff Road 32 2,112, % 0-11,000 $ ,762 $35.00 Market Total ,160, % 856,314 $ ,341 $ ,363 $12.33 Gross Retail Sales Gross retail sales in the Greenville-Anderson-Mauldin, SC MSA were down slightly over the previous year as of July 2015, but up 9.4% from July Sales totaled $1.8 billion in July The greatest amount of retail sales come from Greenville County where gross retail sales were $1.1 billion in July 2015, accounting for 61.8% of the MSA s total sales. The City of Greer ended its 2015 fiscal year with a total gross retail sales volume in excess of $1 billion, a 93% gain since the pre-recession 2008 level. Recent store opening such as Kohls are contributing to increased sales in the city. Market Outlook Greenville s retail market is poised for continued success and improvement as job creation and population growth continues. The market will likely see grocers opening new stores. Interest from national retailers will remain. Downtown developments will increase as the residential population grows and demand for retail services increase. Rental rates will climb as vacancy declines and construction costs continue to rise. Greenville-Anderson-Mauldin SC Gross Retail Sales ($) July 2015 $1.8 billion total sales Greenville MSA +9.4% since July % since July 2011 Source: South Carolina Department of Revenue Greenville County $1.1 billion -11.2% since July % since July 2012 City of Greer Fiscal year 2015 gross retail sales totaled $1 billion 3 South Carolina Research & Forecast Report Q Greenville Retail Colliers International
4 Around the State Retail development is on the rise throughout South Carolina with grocery stores and sporting goods retailers anchoring larger developments. As employment and population growth continue, the state will attract national tenants to the market. Mixed-use developments are gaining popularity in both the suburbs and downtown submarkets. Summerville Marketplace Shopping Center Charleston, South Carolina Charleston s retail market continues to be influenced by a growing tourism and residential population. > > Nordstrom Rack recently opened its first Charleston store at Bowman Place, the former K-Mart redevelopment, in Mt. Pleasant. > > Earth Fare is now open to customers at Summerville Marketplace Shopping Center, formerly called Horizon Square. Petco is also open at the center. Other tenants will include Dunkin Donuts, Mattress Pro, Crust Pizza, Tijuana Flats and Lee Nails, which all expect to be open in November. > > BJ s Wholesale Club recently announced plans for a new store in Summerville. The 87,000 square-foot store is planned for a site near the Summerville exit off Interstate 26. Construction could begin in December 2015 with completion late in Killian s Crossing Site Plan Columbia, South Carolina Columbia has experienced significant development activity in recent quarters, both anchored and non-anchored projects. Downtown Columbia continues to attract restaurants, fitness centers, health spas and clothing boutiques. > > Kroger Marketplace, the first in South Carolina, is under construction at Killian s Crossing in Northeast Columbia. Other tenants joining Kroger at the lifestyle center include Chick-fil-a, Applebee s, McDonald s and Panda Express. The development will offer multifamily and single family residential units, and hotel space, along with retail space and outparcels. > > Construction is complete at Rosewood Crossing, the former K-Mart redevelopment, in the downtown submarket. The 98,000 square-foot center is home to national tenants Marshalls, Michaels and PetSmart. > > A growing downtown residential population is driving retail development in the submarket. Grill Marks recently opened at the City Market redevelopment. Construction is nearing completion on Newk s Eatery at the development. Construction is underway across the street at West End Alley, which will be home to Tin Lizzy s Cantina and City Bar and Fondue, among others. City Market Redevelopment For more statewide commercial real estate news check out our market reports at: 4 South Carolina Research & Forecast Report Q Greenville Retail Colliers International
5 502 offices in 67 countries on 6 continents United States: 140 Canada: 31 Latin America: 24 Asia Pacific: 199 EMEA: 108 $2.3 billion in annual revenue 1.7 billion square feet under management 16,300 professionals and staff FOR MORE INFORMATION: Liz H. McCary Director of Marketing South Carolina Liz.McCary@colliers.com Jessica D. Rahal, CPRC Research Coordinator South Carolina Jessica.Rahal@colliers.com GREENVILLE RETAIL PROFESSIONALS: Frank Hammond, CCIM, CPM Senior Principal Frank.Hammond@colliers.com Lyn Tyner Principal & Brokerage Associate Lyn.Tyner@colliers.com Nick Reinhardt Brokerage Associate Nick.Reinhardt@colliers.com Scott Burgess Brokerage Associate Scott.Burgess@colliers.com Colliers International Greenville 55 E. Camperdown Way, Suite 200 Greenville, South Carolina USA About Colliers International Colliers International is a global leader in commercial real estate services, with more than 16,300 professionals operating out of 502 offices in 67 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate occupiers, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. Colliers International has been recognized and ranked by the International Association of Outsourcing Professionals Global Outsourcing 100 for 10 consecutive years, more than any other real estate services firm. colliers.com Copyright 2015 Colliers International. The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to acting on any of the material contained in this report.
Historically-High Rental Rates Become the New Normal
Research & Forecast Report CHARLESTON, SC RETAIL Q4 2015 Historically-High Rental Rates Become the New Normal Jessica Rahal Research Coordinator South Carolina Key Takeaways > > Rental rates set new records
More informationPelham Road Heats Up GREENVILLE, SC RETAIL Q Research & Forecast Report. Key Takeaways. Pelham Road Taking Off
Research & Forecast Report GREENVILLE, SC RETAIL Q3 2016 Pelham Road Heats Up Bryana Mistretta Research Coordinator South Carolina Key Takeaways > > Pelham Road is revamped and expanding. > > Grocers continue
More information$ Growing Population Fuels Retail Expansion $13.50 $13.77 COLUMBIA, SC RETAIL. Research & Forecast Report Q
Research & Forecast Report COLUMBIA, SC RETAIL Q2 2016 Growing Population Fuels Retail Expansion Bryana Mistretta Research Coordinator South Carolina Key Takeaways > > National grocers are leading suburban
More informationLexington: Columbia s Next Major Retail Corridor
Research & Forecast Report COLUMBIA, SC RETAIL Q1 017 Lexington: Columbia s Next Major Retail Corridor Bryana Mistretta Research Coordinator South Carolina Key Takeaways > > Lexington is gaining attention
More informationSurabaya Retail Market Report
Research & Research Forecast Report & Forecast Report 2H 2013 Retail 2nd Half 2013 Retail Market Report Accelerating success. Contents Supply 3 Performance 5 Asking Rental Rates 6 Concluding Thoughts 7
More information2014 FORT WAYNE, INDIANA RETAIL MARKET SURVEY
2014 FORT WAYNE, INDIANA RETAIL MARKET SURVEY 2014 REVIEW 2015 FORECAST PREPARED WITH THE ASSISTANCE OF 2014 was an active year for retail transactions in the Fort Wayne area; however, it was less active
More informationRETAIL MARKET ANALYSIS
RETAIL MARKET ANALYSIS KYLE BROWN RMLS Fellow, Master of Real Estate Development Candidate The retail market continues to show slow but steady improvement, but remained mostly flat during the fourth quarter.
More information2017 Commercial Real Estate Market Report
2017 Commercial Real Estate Market Report BROKERAGE DEVELOPMENT PROPERTY MANAGEMENT www.commonwealdc.com A message from our President: Stuart M. Schaefer President Dear Friends and Colleagues: Thank you
More informationSecond Quarter 2018 / Retail Market Report. Charlotte. Market Overview
Market Report Charlotte Market Facts 5.5% Total market vacancy up 50 bps since year-end 2017 769,479 SF absorbed in the last 12 months 837,879 SF delivered in the last 12 months 370,997 SF under construction
More information1617TREMONT.COM REDEVELOPMENT OPPORTUNITY LONGWOOD MEDICAL AREA // MISSION HILL BOSTON, MASSACHUSETTS DOWNTOWN BOSTON SEAPORT BACK BAY SOUTH END
REDEVELOPMENT OPPORTUNITY LONGWOOD MEDICAL AREA // MISSION HILL BOSTON, MASSACHUSETTS DOWNTOWN BOSTON SEAPORT BACK BAY SOUTH END FENWAY LONGWOOD MEDICAL AREA 1617TREMONT.COM EXECUTIVE SUMMARY Boston Realty
More informationRETAIL MARKET ANALYSIS
8 RETAIL MARKET ANALYSIS Kyle Smith Portland State University Retail vacancy rates remained unchanged during the second quarter at 8.0 percent, but there was negative absorption of 20,547 square feet according
More informationUnion Plaza New Castle, PA
Union Plaza New Castle, PA 1 Union Plaza SR 224 and INTERSTATE 376 Anchored by Lowe s, Tractor Supply, Dunham s Sports, Aldi and Sears Auto Center 56,000 S.F. Box Immediately Available Will Divide 89,000
More informationLOCATION At the corner of Brawley School Road & Williamson Road in Mooresville, North Carolina
Locator Map Architecture LOCATION At the corner of Brawley School Road & Williamson Road in Mooresville, North Carolina Description DEVELOPMENT PLAN 250,000 square foot Lifestyle Center anchored by Lowes
More informationChicago Building Reuse: An Overview. Paul Shadle Partner, DLA Piper
Chicago Building Reuse: An Overview Paul Shadle Partner, DLA Piper North Broadway, Uptown Pilsen North Halsted The Forum Building, 43 rd and Calumet Chicago s Building Stock Data Analysis and Mapping by
More informationWhen Tenants Take a Fall Adaptive Reuse of Vacant Retail
When Tenants Take a Fall Adaptive Reuse of Vacant Retail January 26, 2018 National Retail Trends E-Commerce Trends In 2017, e-commerce sales reached 8.9% of total U.S. retail sales Amazon supports 4% of
More informationCLIFF AVENUE PLAZA MULTI-TENANT RETAIL STRIP CENTER FOR SALE SIOUX FALLS, SD INVESTMENT PROPERTY FOR SALE
CLIFF AVENUE PLAZA MULTI-TENANT RETAIL STRIP CENTER FOR SALE SIOUX FALLS, SD INVESTMENT PROPERTY FOR SALE LLOYD C O M P A N I E S 3501 E 10TH STREET, SIOUX FALLS, SD 57103 101 S. Reid Street, Suite 201,
More informationPARHAM & QUIOCCASIN ROADS HENRICO (RICHMOND), VA
PARHAM & QUIOCCASIN ROADS HENRICO (RICHMOND), VA THE FUTURE OF REGENCY: Endless Possibilities MALL INFORMATION Location Market Description Anchors Zoning B-3 1.5 miles south of I-64 at exit 181 in Richmond,
More informationRETAIL PAD FOR LAND LEASE
0.5 Acre Lot Retail Pad for Land Lease Anchored by Westlake Ace Hardware and Aaron's Rental Just down the road from Bass Pro Shops Outdoor World Headquarters Recently redeveloped Under New Ownership rbmurray.com
More informationRetail market Poland Q SHOPPING CENTRES IN REGIONAL CITIES
Retail market Poland Q1 2017 SHOPPING CENTRES IN REGIONAL CITIES Białystok Bielsko-Biała Bydgoszcz Częstochowa Kielce Lublin Olsztyn Radom Rzeszów Toruń Bielsko-Biata Shopping centres by size General
More informationInvestment Opportunity Lowe s (S&P: A+)
Lowe s (S&P: A+) Plus Pad Sites Burger King, Webster Bank, Dunkin Donuts & Dollar Tree 500 New Haven Avenue - Derby, CT Investment Summary: This investment opportunity consists of a new Lowe s ground leased
More informationPenn Center East is excited to announce the redevelopment of the former Sears space.
D.4 E.3 F.2 H.1 J.1 K.2 M.1 1 A-102 1.9 SCALE: 1/16" = 1'-0" 1.7 101 SELF STORAGE RETAIL BELOW GRADE LEVEL 54,600 SF FIRST FLOOR LEVEL SELF STORAGE 58,962 SF RETAIL S 35,500 SF 1.5 1.3 102 1.1 1 2 103
More informationFOR SALE Roosevelt Way Seattle, WA Features. Michael Todd
FOR SALE FOR MORE INFORMATION PLEASE CONTACT: 5048 Roosevelt Way Seattle, WA 98105 Features mtodd@ westlakeassociates.com PRICE: $1,795,000 UNITS: 3 SIZE: 6,450 SF ZONE: NC2 40 CAP: 4.5 GRM: 18.1 + Transit
More informationNew Family Dollar Relocation Store $1,913, % cap rate. (Prototype store design. Final design is all brick)
Investment Real Estate New Family Dollar Relocation Store Saginaw, MI $1,913,862 6.50% cap rate (Prototype store design. Final design is all brick) Highlights New 2016 Construction Relocation Store Replacing
More informationInvestment Opportunity. New Double Net Lease S&P Rated A. Verizon Wireless Woodbury Avenue - Portsmouth, NH
New Double Net Lease S&P Rated A Verizon Wireless 1840 Woodbury Avenue - Portsmouth, NH Investment Summary: This new Verizon Wireless store is is comprised of 3,700 sq ft ft on approximately 15 acres (of
More informationFeatures: -Excellent MX-M Zoning allows a variety of uses. -Close to Nob Hill. -Can be Redeveloped into a Live/Work Space
Sale Price: $300,000 Features: Building Size: Property Size: +/- 3900 SF -Excellent MX-M Zoning allows a variety of uses +/-.38 acres -Close to Nob Hill -Can be Redeveloped into a Live/Work Space Property
More informationWeekly Store Openings and Closures Tracker #17: Michael Kors Buys Jimmy Choo. July 28, 2017
Weekly Store Openings and Closures Tracker #17: Michael Kors Buys Jimmy Choo Deborah Weinswig Managing Director FGRT deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016
More informationInvestment Opportunity
Wal-Mart SuperCenter Shadow Anchored Coshocton Retail Plaza 23655 Airport Road, Coshocton, OH 43812 Investment Summary: The property is is a new Wal-Mart SuperCenter shadow anchored strip center which
More information1344 ROCKBRIDGE ROAD STONE MOUNTAIN, GA Jeff Hammond, MPA Director of Retail Services
1344 ROCKBRIDGE ROAD STONE MOUNTAIN, GA 30087 Jeff Hammond, MPA Director of Retail Services 210.889.6819 jhammond@svn.com SVN CREVISTON REALTY, INC. 10929 CRABAPPLE ROAD, SUITE 201, ROSWELL, GA 30075 OFFERING
More informationfor lease RETAIL PROPERTY Steeplechase 95 International CAPITOL HEIGHTS, MARYLAND JOIN:
Steeplechase International CAPITOL HEIGHTS, MARYLAND 20743 JOIN: OVERVIEW Existing in-line and pad site opportunities are available in the retail portion of the 110 acre Steeplechase business park. The
More information10 Year Family Dollar NNN Lease - Rare Urban location
505-4 0 1-0 1 3 5 O w n e r / B r o k e r 505-6 1 0-1 6 5 5 O w n e r / B r o k e r 10 Year Family Dollar NNN Lease - Rare Urban location A c t u a l P r o p e r t y P h o t o Sale Price: $2,000,000 NOI:
More informationWeekly Store Openings and Closures Tracker #9: RadioShack and Payless lead closings spree. June 2, 2017
Weekly Store Openings and Closures Tracker #9: RadioShack and Payless lead closings spree Deborah Weinswig Managing Director, Fung Global Retail & Technology deborahweinswig@fung1937.com US: 917.655.6790
More information25 A&B Vreeland Road Florham Park, N.J.
25 A&B Vreeland Road Florham Park, N.J. www.25vreelandroad.com 2 25 A&B VREELAND RD. SUMMARY Flexible floor plates ranging from 2,000 SF to full-floor occupancies up to 38,394 SF and a contiguous block
More information160 Thomas Green Blvd. Clemson, SC 29631
160 Thomas Green Blvd. Clemson, SC 29631 Welcome to Patrick Square Patrick Square is rapidly becoming one of the Upstate s most attractive locations. As the fi rst community in South Carolina to receive
More informationSouthern Maine Retail Forecast. Presented by Peter Harrington
Southern Maine Retail Forecast Presented by Peter Harrington 1 Greater Portland Vacancy Rates 12.00% 10.80% 10.00% 8.00% 6.00% 5.61% 6.93% 8.34% 6.17% 5.92% 4.00% 2.00% 2.94% 2.62% 4.29% 3.68% 3.60% 3.44%
More informationSGREIT reports DPU of 1.09 cents for 3Q FY17/18
Media release by: YTL Starhill Global REIT Management Limited (YTL Starhill Global) Manager of: Starhill Global Real Estate Investment Trust (SGREIT) SGREIT reports DPU of 1.09 cents for 3Q FY17/18 HIGHLIGHTS
More informationAvailable. Mooresville Town Square. Retail For Lease. At the corner of Brawley School Rd and Williamson Rd. Outparcels For Lease or Sale
J osh Beaver The Nichols Company 704.373.9797 (Office) 704.373.9798 (Fax) Josh@thenicholscompany.com www.thenicholscompany.com 600 Queens Rd, Charlotte, NC 28207 Available Retail For Lease Outparcels For
More informationVancouver Real Estate Forum. April 23, 2009
Vancouver Real Estate Forum April 23, 2009 Topic: Retail What Does the Future Hold for this Asset Class? How will the US retail story play out in Canada and BC? Panelists Michael Beattie, Grosvenor Americas
More informationSPECS store planning, equipment, construction and facilities services
Dominant retailers continue to grow; portfolio optimization is new mantra store planning, equipment, construction and facilities services By Connie Robbins Gentry The annual Survey measures new stores
More informationWeekly Store Openings and Closures Tracker #10: Sears Closing More Stores. June 9, 2017
Weekly Store Openings and Closures Tracker #10: Sears Closing More Stores Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. 1) This week, the Retail
More informationSGREIT reports DPU of 1.17 cents for 2Q FY17/18
Media release by: YTL Starhill Global REIT Management Limited (YTL Starhill Global) Manager of: Starhill Global Real Estate Investment Trust (SGREIT) SGREIT reports DPU of 1.17 cents for 2Q FY17/18 HIGHLIGHTS
More informationWeekly Store Openings and Closures Tracker #6: Bonobos Opening 20 New Stores. May 5, 2017
Fung Global Retail & Technology tracks store openings and closings for a select group of US retailers. Weekly Store Openings and Closures Tracker #6: Bonobos Opening 20 New Stores 1) Among the retailers
More informationCenterPointe at Grantville Master Plan
CenterPointe at Grantville Master Plan Presented By: Sherman D. Harmer, Jr. Michael R. Dunham Jacob D. Schwartz Marco A. Cabrera Urban Housing Partners (619) 325-0444 620 First Ave. San Diego CA 92101
More informationINSERT EXPRESS ENHANCEMENTS
RETAIL COMPETITOR LOCATIONS OVERVIEW As an enhancement to your Insert Express system, Tactician Media has identified the top insert retailers in the nation. These locations have been added to your Strategy
More informationMarketing Brochure. Former Home Depot Building 2090 North Cable Road Lima, Ohio Building: $2,900,000 Land: $1,200,000
Marketing Brochure Former Home Depot Building Lima, Ohio 45805 95,000 SF + 18,700 GC BUILDING 11.8 Acres LAND 20+ Acres Outlot 2.8 +/- Acres Building: $2,900,000 Land: $1,200,000 Exclusive Offer: Development
More informationNob Hill Area Commercial Mixed Use
Sale Price: $149,900 Property Size: +/-.20 acres Building Size: +/- 900 SF Features: -Free Standing Building -Excellent MX-M Zoning allows a variety of uses -Fenced Yard -Close to Nob Hill -0.20 Acres
More informationTractor Supply, Ollie s Bargain Outlet & Goody s 1350 Julian Allsbrook Highway, Roanoke Rapids, NC Price: $4,560,968 NOI: $353,475 CAP: 7.
Subject Property 1350 Julian Allsbrook Highway, Roanoke Rapids, NC 27870 ExclusiveOffering Phone: 212.686.0072 Fax: 212.686.0078 rob@exp1031.com www.exp1031.com Price: $4,560,968 NOI: $353,475 CAP: 7.75%
More informationMattress Firm Super Center
Mattress Firm Super Center Metro Area rare NNN lease [ www.capitalpacific.com ] over 112,000 vehicles per day average HOUSEHOLD incomes over $71k 1255 E. Mall Drive, Holland, OH 43528 Click for Map Top
More informationPELHAM HYLAND PELHAM ROAD GREENVILLE SOUTH CAROLINA ±51,224 SF OFFICE/FLEX SPACE LEASE RATE: $12.50/SF NNN
@ PELHAM HYLAND 7001-7005 PELHAM ROAD GREENVILLE SOUTH CAROLINA ±51,224 SF OFFICE/FLEX SPACE LEASE RATE: $12.50/SF NNN TAYLOR ALLEN +1 864 527 5423 taylor.allen@colliers.com BRANTLEY ANDERSON +1 864 527
More informationNET LEASE INVESTMENT OFFERING SHOPKO W 41st Street Sioux Falls, SD 57105
SHOPKO 1601 W 41st Street Sioux Falls, SD 57105 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs Aerial
More informationFLORIN TOWNE CENTRE NWC Florin Road & Stockton Boulevard - Sacramento, CA
NWC Florin Road & Stockton Boulevard - Sacramento, CA PROPERTY HIGHLIGHTS & DEMOGRAPHICS location: NWC Florin Road and Stockton Boulevard Sacramento, CA anchor tenants: shopping center GLA: Wal-Mart Super-Center,
More informationSOUTH DADE PLAZA N. Dixie Highway Cutler Bay, FL
18591 N. Dixie Highway Cutler Bay, FL SUMMARY Description South Dade Plaza is a fully renovated 30,270 square foot outparcel. Staples, currently occupies two-thirds of the building. The space available
More informationWeekly Store Openings and Closures Tracker #20: Target Store Redesign Plans on Track; VF Acquires Williamson-Dickie.
Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. Weekly Store Openings and Closures Tracker #20: Target Store Redesign Plans on Track; VF Acquires
More informationGATEWAY DISCOVERIES PARK. More than a Real Estate Opportunity. A SOURCE OF NEW IDEAS. At Worcester Polytechnic Institute
GATEWAY At Worcester Polytechnic Institute A SOURCE OF NEW IDEAS & More than a Real Estate Opportunity. DISCOVERIES MASTER PLANNED SHOVEL READY BUILD TO SUIT 303 Congress Street Boston, MA 02210 617.457.3400
More informationAVAILABLE FOR. Parkway Trails Shopping Center. NEC of Willow & Nees Avenues - Clovis, CA OF WILLOW AND NEES AVENUES, CLOVIS CA
NECLEASE OF WILLOW AND NEES AVENUES, CLOVIS CA AVAILABLE FOR Parkway Trails Shopping Center NEC of Willow & Nees Avenues - Clovis, CA High traffic counts & strong demographics Near Willow International
More informationCooperTowne Center. Somerdale, NJ (c) National Realty & Development Corp. Page 1
CooperTowne Center Somerdale, NJ Page 1 Somerdale, NJ Table of Contents Quick Facts Property Photo Property Photo Property Photo Lease Plan Competition Map Demographics Demographics Demographics 3 4 5
More informationFOR IMMEDIATE RELEASE Contact: Dyana Koelsch
FOR IMMEDIATE RELEASE Contact: Dyana Koelsch 401.831.1200 dkoelsch@nharbor.com Revised Gateway Plan Decreases Retail, Adds 70% More Office Space and Improves Entrance to Quonset Business Park Incorporating
More informationSummary of key points in support of LD 1553:
Testimony of Stacy Mitchell Senior Researcher, Institute for Local Self-Reliance Before the Maine Legislature's Taxation Committee On LD 1553, An Act To Impose a Gross Receipts Tax on "Big Box" Stores
More informationLOOP. the HUDSON VALLEY, NY HOME OVERVIEW RETAIL MAP ACCESS DEMOGRAPHICS MARKET RESEARCH RENDERING LOOP SUCCESS ABOUT WILDER CONTACT
the HUDSON VALLEY, NY Developed by At I-84 & I-87 in the heart of the Hudson Valley, New York dynamic ocation Into The Always family oriented, casual, convenient, and pedestrian friendly, this new shopping
More informationFor Sale. Agent Contact. Price: $2,750,000 NOI: $246,257. Cap Rate: 9% Ferris Hamama Extension 106
For Sale Price: $2,750,000 NOI: $246,257 Cap Rate: 9% Agent Contact Ferris Hamama Fhamama@keystonecres.com Extension 106 Matthew Berke Mberke@keystonecres.com Extension 101 31000 Northwestern Highway Suite
More informationLee & Associates - Central Valley
Lee & Associates - Central Valley Available Retail Listings - October 2018 All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change of
More informationFOR LEASE Gideon Dr
PRESENTED BY: RONALD GLASS Senior Vice President 703.873.5724 ronald.glass@longandfoster.com JENNIFER BURKE 703.506.2850 jennifer.burke@lnf.com www.commercialdivision.lnfre.com Long & Foster Commercial
More informationInvestment Opportunity
NN Lowe s Home Improvement Warehouse 299 Grant Avenue, Auburn, NY 13021 Property Summary: Auburn is is located in the Finger Lakes region of New York State, approximately 35 minutes west-southwest of Syracuse.
More informationAPN#: Lot Size: ±5,625 SF. Vacant corner lot. Current Height Limit: 70 FT. Current Zoning: CB - Central Business District
900 MacDonald Avenue Richmond, CA 900 MacDonald Avenue Richmond Berkeley Features APN#: 538-260-001-2 Lot Size: ±5,625 SF Vacant corner lot Current Height Limit: 70 FT Current Zoning: CB - Central Business
More informationKroger Junction FOR LEASE 2619 Red Bluff Rd, Pasadena, Texas 77506
Kroger Junction FOR LEASE 2619 Red Bluff Rd, Pasadena, Texas 77506 The information contained herein while based upon data supplied by source deemed reliable, is subject to errors or omissions and is not
More informationSGREIT s 1Q FY16/17 DPU stable at 1.30 cents
Media release by: YTL Starhill Global REIT Management Limited (YTL Starhill Global) Manager of: Starhill Global Real Estate Investment Trust (SGREIT) SGREIT s 1Q FY16/17 DPU stable at 1.30 cents HIGHLIGHTS
More informationWeekly Store Openings and Closures Tracker #14: True Religion Bankruptcy & Walgreens Adds Stores. July 7, 2017
Weekly Store Openings and Closures Tracker #14: True Religion Bankruptcy & Walgreens Adds Stores Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. 1)
More informationSITE FACTS PROJECT LOCATION
ASHLEY PARK PROJECT Ashley Park is a premier 716,000-square-foot, regional open-air center serving southern Metro Atlanta s rapidly expanding I-85 South corridor and the burgeoning communities of Newnan
More informationThe "Town Center" Model of Suburban Placemaking: Opportunities and Challenges
The "Town Center" Model of Suburban Placemaking: Opportunities and Challenges Dr. Tim Chapin Department of Urban & Regional Planning Florida State University What Are Town Center Communities? Town Center
More informationLee & Associates - Central Valley
Lee & Associates - Central Valley Available Retail Listings - September 2018 All information contained herein is from sources deemed reliable and is submitted subject to errors, omissions and to change
More informationRetail Availability. 1-Mile 3-Mile 5-Mile 23, , ,400 $74,386 $66,319 $63,873. Legendary COMMERCIAL REAL ESTATE
Retail Availability Retail Availability Retail Availability & Lease Rates: > ±800 SF to ± 4,920 SF In-Line Stores - $2.75 PSF + 0.45 NNN Charges > ±24,980 SF - Anchor Space - Leased to 99 ONLY Stores Join
More informationThe Village of Shirlington
The Village of Shirlington Suburban Smart Growth Without Rail Transit July 2018 Agenda History (1940 to present) Attributes and Outcomes Lessons Learned Setting the Stage Arlington County Arlington is
More informationMurphy Crossing Site Redevelopment Community Engagement Meeting September 19, 2016
Murphy Crossing Site Redevelopment Community Engagement Meeting September 19, 2016 SUMMARY 1 EXECUTIVE SUMMARY STATEMENT OF PURPOSE ABI has conducted a detailed study of 1. Market potential 2. Building
More informationTHE GOLDSTEIN GROUP RETAIL REAL ESTATE MARKET IN NORTHERN & CENTRAL NJ CONTINUES TO IMPROVE. Vacancy Rate Dips Below 8%, First Since January 2009
The Goldstein Group PR Contact: Chuck Lanyard, 201.703.9700, ext. 15 clanyard@thegoldsteingroup.com IMMEDIATE RELEASE THE GOLDSTEIN GROUP RETAIL REAL ESTATE MARKET IN NORTHERN & CENTRAL NJ CONTINUES TO
More informationLake Davidson Village. Langtree Road - Exit 32 Mooresville, North Carolina
Langtree Road - Exit 32 Mooresville, North Carolina Executive Summary: Lake Davidson Village is located at Exit 32 interchange at Langtree Road and Interstate 77. This new interchange is the first exit
More informationThe Remodeling Market
The Remodeling Market Kermit Baker Remodeling Futures Program International Builders Show January 21, 2010 www.jchs.harvard.edu Remodeling Market Issues 1. Where do we stand in the remodeling cycle at
More informationRetail. Retail gets a makeover. Stores and centers trim down and spruce up their image. United States Retail Outlook Q
Retail United States Retail Outlook Q2 2017 Retail gets a makeover Stores and centers trim down and spruce up their image JLL Research Contents Retail fundamentals approach their apex in major s 4 Retail
More informationReal Estate/Economic Considerations
Real Estate/Economic Considerations Why a Market Study? Understand demographic trends & real estate market conditions Translate growth forecasts into New housing Workplace uses Hotel/lodging Retail & supporting
More informationGORDON ROAD TRIANGLE ULI mtap Spring 2015
GORDON ROAD TRIANGLE ULI mtap Spring 2015 Potential for joint development of the City of Falls Church Property Yard with adjacent private properties. What Transportation and urban design elements are necessary
More information2011 Fourth Quarter Results
2011 Fourth Quarter Results February, 2012 INVESTOR RELATIONS Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. The previous earnings results have
More informationTodd DeVillers, SIOR, CCIM Managing Partner
RE Commercial LLC 677 Baeten Road Green Bay, WI 54304 920.997.3334 www.recommercialwi.com Todd DeVillers, SIOR, CCIM Managing Partner 920.470.7573 todd.devillers@recwi.com Marc Veras, SIOR, CCIM Partner
More informationFOR LEASE McCarran Marketplace S. Eastern Ave. / Las Vegas, NV Property Highlights. Great Ingress/Egress. National Tenant Mix
FOR LEASE Property Highlights ±560,000 SF Walmart & Lowe s Anchored Power Center Available Space: ±-3,174 SF Endcap Available with Potential Patio Opportunity 2nd Generation Restaurant Space Available
More informationPharmacy Name and Store Number: Pharmacy Phone: Street Address: City: Zip: Sams Club Pharmacy Jefferson Davis hway Aiken 29801
Pharmacy Name and Store Number: Pharmacy Phone: Street Address: City: Zip: Sams Club Pharmacy 4879 803 761 6273 220 Jefferson Davis hway Aiken 29801 Kroger Pharmacy #675 803 642 5371 1795 Whiskey Road
More informationAvailable Retail or Office for Lease. Mooresville Town Square At the Corner of Brawley School Rd & Williamson Rd Mooresville, NC
Retail or Office for Lease Mooresville Town Square At the Corner of Brawley School Rd & Williamson Rd Mooresville, NC PROPERTY OVERVIEW ABOUT: Mooresville Town Square is located along Brawley School Road
More informationA P P E N D I X B - O P P O R T U N I T Y S I T E S
A P P E N D I X B - O P P O R T U N I T Y S I T E S OPPORTUNITY SITES As listed in the Land Use Element, the City has identified 15 Opportunity Sites expected to be the focus of change and revitalization
More informationInterior Parcel. Available Interior Parcel for Sale, Lease or BTS. Williamson Road. Brawley School Road Mooresville Town Square
Interior Parcel for Sale, Lease or BTS Access Points: Full Movement: Right In, Right Out: Williamson Road Interior Parcel +/- 2.5 Acres Outparcel +/- 1.12 Acres Brawley School Road Mooresville Town Square
More informationONE 2101 GAITHER ROAD
PARK PLAZA ONE 2101 GAITHER ROAD 1 TABLE OF CONTENTS 1LOCATION & ACCESS 2PROPERTY DESCRIPTION 4STRONG OWNERSHIP 5PROPERTY AMENITIES 3FLOOR PLANS 2 LOCATION & ACCESS 395 1 ROCKVILLE PIKE 355 metro 2 270
More informationChapter 5: Land Use. Land Use Planning Practices
Many people think of land use as the most important element of a comprehensive plan. The Future Land Use Map is usually the component of a comprehensive plan that is most extensively discussed and most
More information(ˈôrdnˌerē) Net Absorption Rate 2010 vs 2009 2010 SF 2009 SF BOY inventory total 6,274,248 6,124,770 BOY vacant 701,721 413,304 BOY occupied 5,572,527 5,711,466 EOY inventory total 6,377,702 6,274,248
More informationINDEPENDENCE BOULEVARD AREA PLAN
INDEPENDENCE BOULEVARD AREA PLAN Public Meeting October 28, 2008 Tonight s Agenda Introduction 4:00 4:05 Tom Warshauer Presentation 4:05 5:00 Blake Drury Group Exercises 5:00 5:50 All Wrap Up & Next Steps
More informationMALL REVITALIZATION CASE STUDIES
MALL REVITALIZATION CASE STUDIES DECEMBER 9, 2012 MALL REVITALIZATION OVERVIEW Introduction Sample Case Studies prepared for Lacey Woodland District Steering Committee as it considers strategies to revitalize
More informationEconomic Redevelopment of Underutilized Parcels. May 16, 2012 Northland Arboretum Brainerd, Minnesota
Economic Redevelopment of Underutilized Parcels May 16, 2012 Northland Arboretum Brainerd, Minnesota Matt Glaesman City of St. Cloud Community Development Director 1. A Tradition of Change 2. Why Now?
More informationLindsey Self Storage Group
EXCLUSIVE OFFERING from Lindsey Self Storage Group Glade Self Storage 4106 US-29, Greensboro, NC 27405 Co-Founded by Alan and John Lindsey, Lindsey Self Storage Group s only focus is self-storage brokerage.
More informationTHE NEIGHBORHOOD TODAY
THE NEIGHBORHOOD TODAY CORE AREA VISION How are we Good Urbanism A Site s DNA thinking about Elements of great Unique elements urban communities embedded in a place the site and design? ELEMENTS LIKE:
More informationDowntown Dubuque...it s a great time.
Downtown Dubuque...it s a great time. Your timing could not be better to invest in Downtown. With hundreds of millions in public and private investment occurring on the City s downtown waterfront, millions
More informationTECHNICAL ASSISTANCE PANEL. Graniteville TAP: Developing a Community Vision
TECHNICAL ASSISTANCE PANEL SPONSORED BY: Graniteville TAP: Developing a Community Vision Graniteville Community Development Improvement Corporation Mission To provide leadership in the responsible use
More informationVIA CAMPO PLAZA 2809 Via Campo, Montebello, CA Super Market Anchor Space Available
Retail Availability Freeway Visible Pylon Retail Availability & Lease Rates: Join Project & Area Tenants: > ±767 SF to ± 3,595 SF In-Line Stores - $2.75 PSF + 0.45 NNN Charges > ±24,980 SF - Anchor Space
More informationIndustrial Adaptive Reuse for Riverside Grain Distribution Facility in Portland Oregon
Michael Mason Arch 549 Architectural Programming Fall 2008 University of Oregon Portland Urban Architecture Program December 9, 2008 Industrial Adaptive Reuse for Riverside Grain Distribution Facility
More informationRetail Gap Analysis Final Report
Retail Gap Analysis Final Report Prepared for: Town of Sylvan Lake Prepared by: MXD Development Strategists, Ltd. June, 2015 0 TABLE OF CONTENTS 1.0 LOCATION & DEMOGRAPHIC ANALYSIS 3 2.0 CURRENT RETAIL
More informationVillage Center N. Dale Mabry Hwy. Tampa, FL LEASING OPPORTUNITIES
Village Center 13100-13262 N. Dale Mabry Hwy. Tampa, FL 33618 This is how we mix it up. An inspired selection of quality and value for a deserving market. Our Fresh Look philosophy combines unique placemaking
More informationCommercial Heating & Cooling. HARRY BIZIOS President & Chief Operating Officer
HARRY BIZIOS President & Chief Operating Officer 1 Financial Summary COMMERCIAL HEATING & COOLING 2003 2004 2005 2006 Est. Sales $508 $581 $652 Segment Profit $38 $51 $57 Segment Profit Margin 7.5% 8.8%
More information