Traditionally, the day spa was only for the very upper crust clientele. But now, even ultra-luxurious day spas are appealing more and more to the general public. This is because over the last three to four years, natural holistic wellness therapies have been embraced by the masses. The day spa tenant works best in a […] More
Everything old is new again. This is the attitude embodied by Cody Foster and David Callanan of financial service company Advisors Excel, which acquired the indoor West Ridge Mall in Topeka, Kan., last September. The firm will embrace this theme as they promote the mall’s redevelopment to the local community through a free concert this […] More
Sandwich/bakery tenants remain popular, especially those brands that provide elevated artisan food, as well as a café-like ambience that emphasizes fresh baked bread and unique dessert treat items. Look for these establishments to provide food and drinks beyond the standard sandwich fare in order to appeal to the “off hours” customers who want a treat […] More
Country western-style attire has always been popular in certain markets, especially in Southern states such as Texas. But in 2024, it seems as if country western-esque influences are extending way beyond their Southern roots and heading into the mainstream. The country western trend has been strong this year in pop culture. For example, the Louis […] More
Urban Value Corner Store has partnered with JUXTA, a North Carolina-based technology company, to open up to five new autonomous micro-convenience kit-assembled stores, coined “Nest” stores, throughout Texas by the end of this year. The first of these new Nest stores is expected to debut by this summer. Urban Value Corner Store currently operates seven […] More
The baby product industry has been in a flux the last few years, with many brands declaring bankruptcy and seemingly closing up shop. However, there has been a rebirth of sorts of these baby-oriented retailers. Consumers who are starting new families prefer to visually see, touch and determine for themselves which highly rated baby gear […] More
Retail borrowers will see more available capital as lender appetite will be stronger this year. Many point to retail as a top asset class since multifamily and industrial both face some hurdles. Lenders are confident in the fact that rents have been up across the board. Retail has seen an increase in rents and decrease […] More
The restaurant industry has started to utilize self-driving cars, drone deliveries and tech-enabled ordering concepts, but the overall dining out/drive-thru process still requires a human-to-human interface, right? Not necessarily. Two recent openings that perfectly illustrate the onset of the robotic dining revolution can be found at Octane Coffee in Waukesha, Wisc., and CaliExpress by Flippy […] More
