Shawn Massey, CCIM, SCLS

Retail Rocks in the Mid-South Selects “The Best of 2012”

As this year comes to a close I find myself reflecting back on 2012 and determining how effective my blog which I first started on January 1st, 2012 was. I was challenge in November by our company CEO who questioned what was I looking to achieve from my effort and what is the point of my blog. These are two very different questions which I have tried to reconcile in my mind for the past month and half. The bottom line was that I tried to expand my business by increasing my sphere of potential clients or would benefit from my expertise in retail real estate. I think this was accomplished, but I have a lot of room to grow. The point of the blog was twofold. The first goal was to expand upon my role in a commercial real estate transaction as a facilitator of information and expertise for my clients. From the original commentary, to guest blogger’s to the weekly article round up I received allot of positive feedback from my clients and others in the industry. The second goal was to become an information resource to my students at both The University of Memphis and Homburg Academy where I teach various real estate classes and also to the real estate industry which remains somewhat fragmented. As a mentor in our local CCIM chapter I find it critical to help better educate new and upcoming real estate professionals even if they do not work for my company. So in the end I think my blog met my initial goals, although it took more time than I originally expected. I applaud those weekly or daily columnists who come up with relevant subject matter each time.

This past year I spent more time reading and researching than ever before. I was looking for the most relevant content to include in my blog and opportunities to expand in my commentary. Below are those sites and information sources that I think are the very best of the best.

The absolute best of the best for learning about retail real estate is Retail Real Estate Law site by the Law Firm of Meislik & Meislik. Please see link below.
http://www.retailrealestatelaw.com/category/retail-real-estate-law/

The one blog site I look forward to reading each week is Duke Long’s site which provides commercial real estate with a little attitude
http://www.dukelong.com/about

The two best information sources for what is happening in the retail industry as it relates to real estate world are:

Garrick Brown
Research Director, Terranomics
916.329.1558
gbrown@terranomics.com
@retailwizard
and
Al Taf Vice President Investments for Marcus and Millichap and Director of the National Retail Group ataf@marcusmillichap.com
You can subscribe to both their newsletter by emailing them!

Best blog site for mentoring to the real estate industry. From it founder Gary Keller to its resident commercial expert Buddy Norman the firm of Keller Williams has been helping mentor the entire commercial real estate for many years. Its commercial office in San Antonio has taken it to the highest level on its blog site.
http://kwcommercialsa.com/blog/

The best magazine blog site for the retail real estate industry is Retail traffic Magazine.
http://blog.retailtrafficmag.com/

The best book that is making a difference and that has elevated the use of a real estate coach to improve your business performance is Brokers who Dominate by Rod Santomassimo, CCIM
http://brokerswhodominate.com/

Best real estate author is Steve Bergsman.
http://www.linkedin.com/in/stevebergsman

Best sustainable real estate site is Better Cities and & Towns
http://bettercities.net/

Best information source for the retail food industry is the newsletter from TECHNOMIC FOODSERVICE MONITOR.
http://www.technomic.com/

Best Economic Development Agency that understands what it takes to develop retail is the Tennessee Valley Authority (“TVA”)
http://www.tvaed.com/consumer_connect.htm

Best real estate related program is Commercial Real Estate Show with Michael Bull
http://www.commercialrealestateshow.com/welcome.html

Best source for real estate related APP’s
http://cre-apps.com/

The best APP that most real estate people are not using or not using to its full extent.
http://evernote.com/

The best APP that the industry has adopted.
https://www.dropbox.com/

Simply the best real estate information tool and tech blog available is The Site to Do Business and CCIM Tech Blog.
http://www.ccimtech.com/

Best local real estate related Memphis blog site is by Andy Cates and Preston Thomas.
http://www.memphisindustrialwarehouse.com/

My compliments go out to Sarah Baker of The Daily News, Andy Ashby of the Memphis Business Journal and Tom Bailey of The Commercial Appeal for covering the real estate news in Memphis and the Mid-South. All three of you do an outstanding job!

I have left several other sources and excellent blog sites from the above list that I read as often as possible. Blogging in the commercial real estate industry is growing steadily and the way of the future. It was a big challenge to consistently bring information weekly to my clients and other readers. I was told in the beginning that most bloggers quit in the first month and the majority of others within three months. Those who continue for the entire year will see the results of their efforts. I am as busy and blessed as I can be and now looking for those resources to make me a better broker or as we like to say a retail real estate advisor to my clients in 2013.

I plan to continue to share my thoughts in 2013, although you will see changes that hopefully will make the site better and more useful going forward.

If you have found this site useful please share it with you industry colleagues and have them sign up online at www.RetailRocksintheMidsouth.com.

Happy New Year!

Cheers,

Shawn

Shawn Massey, CCIM, SCLS is a partner with The Shopping Center Group a 3rd party retail real estate advisory firm in their Memphis office, an adjunct professor in the graduate real estate program at The University of Memphis, in 2013 Shawn will join the faculty of the Homburg Academy teaching on-line real estate classes world-wide and is also co-founder &Chairman of the Board for the Memphis Business Academy charter schools (K-12th grade) in the Frayser area of Memphis.
For all your retail real estate needs (tenant representation, landlord representation and property, investment & land sales) I hope that you will choose The Shopping Center Group and me to represent you and your business. We understand that representation is a privilege and that you have a choice!
The opinions expressed in this post are entirely my own. They should not be considered the opinion of The Shopping Center Group, LLC in which I am associated.

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2 comments

  1. Shawn – Your 2012 wrapup comments are good. You might use a few segments at the Germantown EDC meeting Jan. 3..
    Because this is the first mtg of the year with our new Commission members, you may have to limit your comments to :30 min, but plan to come back later especially if your retail subject matter is timely and provides a good foundation for Germantown’s retail growth, which is badly needed.

    I hope to see you this week.

    Brian

  2. Shawn, thanks for a good year of sharing and industry insight. 2012 was a milestone for my CRE practice based in Nashville. We completed the infrastructure in Phase 1 Section 1 of Cumberland Center, an early-stage 1.5 million SF mixed-use project between two I-40E exits in fast-growing Lebanon, Wilson County just 25 miles east of Nashville. Logan’s Roadhouse opened in early December and our first retail Tenant, Boot Barn, opens in a 16,000 SF space in March. The project features retail, office and a proposed Entertainment District with a 6,500-seat community events center. In addition to several land and building buy/sell/lease transaction in excess of $1 million each, I have accepted a multi-year engagement for Tenant Representation the nation’s largest work and western wear retailer. We’re seeking mall, power center, build-to-suit and stand-alone transactions. So, it’s fair to say that 2013 and beyond will be “super-hybrid” years in development, landlord and tenant representation. Your blog has been helpful and I look forward to another year of tips and resources. Thanks and best wishes for your success.

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