Retail Market
Sam Centeno Recognized as a 2023 NextGen in Real Estate & Construction
Birmingham, AL – The Birmingham Business Journal has announced the honorees for its 2023 NextGen in Commercial Real Estate and Construction awards, and Sam Centeno is among the select group… Read more
Cell Phone Data Is Revolutionizing The Retail Industry
I can remember a time before Google Earth when we had to physically go to the office of the local aerial photographer and flip through his file cabinets to find… Read more
Shop-Space-Per-Anchor Ratio: The Missing Metric
Quick. Think of a shopping center in your market where the anchor store does OK, but there is always vacancy in the center and the turnover has been constant since… Read more
The 411 On CAM Charges or Common Area and Maintenance Charges
If you’ve been wondering what common area and maintenance fees are and what they cover, you’re not alone. A very common question about commercial leases is, “What are common area… Read more
Restaurants’ COVID Redesign May Be Here To Stay
Most brands have halted their development pipelines until they can see a definite end to the crisis. Many of our clients have adapted their operations to the new-normal, but I… Read more
Site Selection: Google Earth Isn’t Telling You The Whole Story
There is a major retail corridor in Alabama dotted with every major restaurant brand and retailer in the region. There are 90,000 vehicles per day, an interstate interchange, 6 million… Read more
Publix @ Tattersall Park Opening Soon; Inline Tenants Announced
Construction on the new Tattersall Park mixed-use development at the intersection of Highway 280 and Highway 119 is complete. Publix @ Tattersall Park grand opening is scheduled for 7:00 am,… Read more
“Medtail” Clients Gaining Momentum as Viable U.S. Retail Tenants
Medtail: medical facilities located in retail shopping centers Recent commercial real estate trends are showing that the retail space isn’t dead per se – but rather, showing signs of rapid… Read more
The Five F’s of Retail Tenants
What are the Five F’s of Retail? Fashion, Fitness, Food, Fun, and Furniture. What’s the significance? These tenants demonstrate various levels of immunity to ecommerce, often serving as a sound… Read more
Revenue per Square Foot: Still a Reliable Measure of Success?
First thing’s first, revenue per square foot is the amount of sales revenue received, divided by the amount of retail space the business occupies. When measuring retail profitability and the… Read more
