August 16, 2021

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    Anatomy of a Lease: The UPS Store in Brooklyn, NY

    The UPS Store signed a 10-year full lease for a unit on the ground floor of a 12-story, high-end mixed-use rental building with 63 residential units. Lease negotiations were started and finished during the COVID-19 lockdown era, which presented issues with site visits. To overcome the concerns, all parties wore masks and respected each other’s More

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    Board of Advisors in the week of August 16th

    We asked: What changes do you see in customers’ shopping patterns, and how are you dealing with that? Steven Levin, Founder/CEO — Centennial Real Estate Shopping used to be a major form of entertainment in America. Today, however, there are two significant shifts impacting the way people shop. First, people are starting their shopping journey More

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    Expanding Food Tenants in the week of August 16th

    Salad and Go Preferred Sq. Footage: 650-750 s.f. 12-Month Anticipated Openings: 8-15 (over the next two years) The Arizona-based brand plans rapid expansion this year after entering the new state of Texas adding locations recently in Dallas, Richardson and Plano. A Fort Worth restaurant is also in the works, as well as five units in More

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    Retail Sites Offer Unique Office Space Trends

    The telecommuting/work-from-home trend continues to challenge traditional in-office working norms because of worries over COVID variants, mask usage and fluctuating vaccine requirement protocols. As a result, more and more companies are pushing back their return-to-work dates, ensuring the continuity of the remote worker. Thankfully, malls and retail spaces have addressed this trend with safe, social More

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    Facial and Massage Brands Expand

    Accessible luxurious spa experiences have proven to be necessities for customers who are seeking holistic self-care wellness solutions to various stressors in their lives. These wellness-service tenants attract not just well-to-do Generation X and baby boomer women but are also sought after by millennials who are more open to alternative health solutions. These facial/massage venues More