Pennsylvania Quickly Becoming an Expansion Hotspot

The retail market in Pennsylvania continues to attract a host of new and expanding retailers, despite the pandemic slowdown. As the fifth-most populous state in the union with roughly 13 million residents, Pennsylvania remains a magnet for the latest concepts. A litany of new tenants are coming aboard Fashion District Philadelphia, a redevelopment of the… Continue reading Pennsylvania Quickly Becoming an Expansion Hotspot

Retailers continue to expand in Maryland

Everyday, another store closes. Big retailers are declaring bankruptcy and signaling another round of closures. The whole retail industry is in flux. Despite the pandemic and depletion of some retailers on the scene, other retailers are swooping in capitalizing by announcing expansion.  The old adage, “When one door closes, another one opens” becomes literal in… Continue reading Retailers continue to expand in Maryland

Virginia Expansion Explosion includes Amazon

Virginia has been targeted for millions of square feet of new brick-and-mortar shops, both by developers seeking to capitalize on Amazon’s forthcoming HQ2 headquarters move to Arlington/Alexandria near Washington D.C., and by retailers seizing opportunities throughout the economically diverse state. Plans are in the works for a variety of creative live-play-work destinations to cater to… Continue reading Virginia Expansion Explosion includes Amazon

Understanding Franchises: Why Retailsphere spends time making sure our profile data is right

Whether you are backfilling a vacant big box, or attempting to lease up your just-opened regional lifestyle center, finding and securing the right tenant for your space can be a challenging process.  Specifically, the desire to attract franchises to your shopping center once required a great deal of research and legwork to gather enough information… Continue reading Understanding Franchises: Why Retailsphere spends time making sure our profile data is right

How Retailsphere helps Hyatt Commercial Get Ahead

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Known as the “local [commercial real estate] experts” in Southern Maryland, Hyatt Commercial is taking the retail industry to the next level through an entrepreneurial spirit, hard-work, and a team dedicated to finding the right tenants for their clients each time.For decades, Hyatt has focused on building long term relationships, delivering the best possible service… Continue reading How Retailsphere helps Hyatt Commercial Get Ahead

Food hall Flexibility: A promising response to the pandemic

COVID-19 has brought into question how big a role food-and-beverage tenants will continue to play in the long-term vision of using socially oriented, experiential concepts to revive retail real estate.   The restaurant industry, like many other parts of the economy, enjoyed robust growth until the pandemic struck. Late last year, the National Restaurant Association projected… Continue reading Food hall Flexibility: A promising response to the pandemic

Get the Deal Done with a Retailsphere Research Request

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You’ve found the perfect tenant for your shopping center and are eager to start a conversation with their team. Now begins the tough part of the process – researching their brand and hunting down a contact that can actually make the decision to open a new location.Unless you are a Retailsphere member. If you are,… Continue reading Get the Deal Done with a Retailsphere Research Request

Using Retailsphere for leverage in lease negotiations

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Tenants are playing rent hardball with retail center owners like never before, asking for reductions, deferrals, abatements and other concessions. Many requests are legitimate, given COVID-19 hardships, but some seem to be out-and-out shakedowns, particularly those emanating from national tenants owned by private-equity (PE) funds.Consider this hypothetical case: “U.S. Oil Change,“ a fictional category leader… Continue reading Using Retailsphere for leverage in lease negotiations

Bringing In Grocery Tenants Is A Smart Move—Here’s How To Find Them

While guidelines around COVID-19 update almost daily, one fact has stood firm over the last 4+ months: people are staying home. Whether by government mandates, their own personal concerns, or just because options for outside activities are extremely limited, most people are working, schooling and interacting from the safety of their own houses.  This has… Continue reading Bringing In Grocery Tenants Is A Smart Move—Here’s How To Find Them