Big Bad Breakfast is set to bring its renowned Southern-inspired menu to The Canopy at Oak Mountain, with plans to open in the Spring of 2025. This exciting new addition will join a growing list of popular tenants, including Taco Mac, Cahaba Cycles, and Mountain High Outfitters, further establishing the Canopy as a premier destination […]
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 of rising stars being recognized for his outstanding achievements in the industry. Centeno is a commercial real estate tenant rep broker with a focus on […]
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 the aerial photo we needed. You were lucky if he had the photo you wanted, and when he did, it was likely going to be […]
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 day one… There is a myriad of reasons why shopping centers underperform but I believe one reason is staring us in the face- shop-space-per-anchor ratio. […]
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 and maintenance fees?” So let’s break it down: Common area and maintenance fees are also referred to as CAM fees and go towards the operating […]
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 believe this is the beginning of a sea-change in store design. Simply being able to alter your menu and staffing to better accommodate take-out orders […]
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 square feet of office space, a major lifestyle center, a major hospital and the residential growth just keeps going. As I write this article, there […]
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, November 6th, 2019. Publix @ Tattersall Park will serve the Highway 280 and Highway 119 trade area, including the Brook Highland and Greystone communities. The […]
“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 evolution, including reimagining the resources provided within traditional brick and mortar storefronts. One industry has quickly become a favorite option for investors and business owners […]
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 investment for commercial realtors and landlords looking for tenants that offer longevity and heavy foot traffic. The Retail Experience is Changing It’s no secret that […]
