1,242 SF - 16,611 SF AVAILABLE IN STURGIS, MI Sturgis Plaza is located in a primary retail corridor in a grocery anchored shopping center and features a mix of national and local tenants. Contact Jenn Tabor to schedule your tour at 812-491-7653 or jtabor@regency-prop.com #commercialrealestate #leasing #shoppingcenters
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From Chain Store Age: Long Island mall set for $100 million makeover by Al Urbanski Schuckman Realty, which acquired Long Island’s 1.2 million-sq.-ft. Broadway Commons mall for $40 million in February, has announced plans for its $100 million renovation. Link to Full Story in Comments #retailnews #retailleasing #leasing #shoppingcenternews #schuckmanrealty #commercialrealestate #realestate #longislandrealestate #nyrealestate #longislandbusiness #longisland #businessnews #retailspace #retailspaceavailable #spaceavailable
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#retailadvisory Integrated solutions, unique insight, and unmatched experience #do_more_with_ireaa #ireaa #ireaainida #retail #leasing #mallleasing #leaseandsale #inidanrealestate #realestate
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Here are the exact numbers when I shut down my last retail store after almost 30 years. It was generating only about 12K a month in revenue but cost about 20K a month to operate. At our current profit margin, I would need 50K a month in sales just to break even. It was bound to happen anyway, since rent had increased dramatically over the last eight years since our last lease renewal. We were paying $12 a square foot and the going rate is about 18. In fact, that’s what help me negotiate the surrender of the lease to the landlord because they could see they would be making a lot more money in rent compared to me.
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Retail REITs are raising their financial outlook for the remainder of 2024. Bisnow reports publicly traded REITs, including Simon Property Group (SPG), Kimco Realty Corporation (KIM), Brixmor Property Group (BRX), Regency Centers (REG), Federal Realty Investment Trust (FRT), and NNN REIT, Inc. (NNN), all raised their projected funds from operations (FFO) for the year. The grocery sector also continues to be a strong performer for retail REITs. Regency Centers, for instance, reported that six of its top signed but unopened leases are grocery stores. Kimco Realty also noted the ongoing ‘accelerating’ demand for grocery-anchored leases. #retail #reits #news #realestate #earnings
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Retail owners! It is very rare that Tenants start paying rent as soon as they get their keys. They have buildouts, need to order materials, get things organized, etc. In the Lease, I write the Rent Commencement Date shall be: Upon the earlier of (i) ninety days after the deliver of the Leases Premises to Tenant or (II) when Tenant opens for business in the Leased Premises. This helps the Tenant by giving them time to open, and covers the Landlord that they will not be in a position that Tenant is operating and they are not getting paid. There is a different date when the Lease started and when the Tenant starts paying rent. These are the little things that will help your team operate smoother. #leasingattorney
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THIS is how downtown OKC gets a real grocery store: The Supermarket Rental Sweep: Analyzing Multifamily Rent Premiums Generated by Grocery Store Anchors … Who is up for it? #cre #commercialrealestate #apartments #multifamily #okc #oklahomacity #retail #grocers
The Supermarket Rental Sweep: Analyzing Multifamily Rent Premiums Generated by Grocery Store Anchors
https://www.rclco.com
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The Silent Deal-Breaker in Retail Leasing: A Landlord’s Reputation.... How's the Landlord? They almost always ask this question on a tour. It’s not just about the rent or location — it’s about what tenants quietly say behind the scenes. Those unspoken reviews among tenants can make or break a landlord’s ability to attract and retain quality businesses. Have you had an experience where a landlord’s reputation influenced or even broke a lease deal? #CommercialRealEstate #RetailLeasing #LandlordReputation #CRE #TenantSuccess #RestaurantRealEstate #RetailProperty #CommercialRealEstateInvestor
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Suburban Las Vegas retail is experiencing supply pressure, granting landlords increased influence in the market. The critical question arises: Can retail operators withstand rising rent demands and the enduring impacts on the sector? While tenants have the freedom to ink leases, occupancy sustainability remains uncertain. We are actively pursuing ground-up retail developments, strip centers, shopping centers, taco stands, and mango carts on the side of the road as we are bullish on the retail sector. If you're a leasing broker who is frustrated with a landlord who doesn't spend money to help lease up a property, hit the DMs for an offer. We do not mind vacancy, what we do mind is the entire rent roll being on options so we can't increase the NOI. Our group's structure is to acquire, increase NOI in under 3 years and either refinance or sell.
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Leasing 101: Free Rent Experienced CRE brokers factor many variables in negotiating Free Rent... What are some of your favs?
Retail owners! It is very rare that Tenants start paying rent as soon as they get their keys. They have buildouts, need to order materials, get things organized, etc. In the Lease, I write the Rent Commencement Date shall be: Upon the earlier of (i) ninety days after the deliver of the Leases Premises to Tenant or (II) when Tenant opens for business in the Leased Premises. This helps the Tenant by giving them time to open, and covers the Landlord that they will not be in a position that Tenant is operating and they are not getting paid. There is a different date when the Lease started and when the Tenant starts paying rent. These are the little things that will help your team operate smoother. #leasingattorney
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Seizing Opportunity in Retail Real Estate Retail property owners are capitalizing on a rare leasing boom, with significant rent hikes seen across the US South and West. After overcoming years of economic challenges, landlords are now experiencing historic highs in rent spreads as retail space availability reaches record lows. Learn how market dynamics are driving these gains and what it means for the future of retail leasing. #RetailSpace #CRE #NashvilleTN #CommercialProperty #BusinessGrowth
Shopping Center Owners Take Advantage of Rare Leasing Opportunity
costar.com
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