Shawn Massey, CCIM, SCLS

Weekly CRE and Retail Article Round Up – September 27th, 2012

I hope you enjoy this week’s articles!  Please subscribe and tell a friend about this site.

Fed May Drive More Investors Into Commercial Real Estate

Panera Bread franchisee opening sixth location in Pizza Hut property on Union

Premium outlets cashing in
San Francisco Chronicle

Luxury Outlet Malls Boost Simon as Ackman Touts Strength

Retail Leasing Activity, Absorption Up

Supply Chain to Rely More Heavily on Inland Ports

New blog post – Kibitz 2.0, chatting with those who make Northwest Arkansas great,%202012&…&

VIDEO: Value Retail Still Rules

Wingstop is poised to be the quick-service brand that finally takes

Study Reveals Improving Technology Processes Is a Top Priority

CRE Industry Hoping for Sustained Price Boost from QE3

CRE Online

Franchises: A great value or just another business venture? –


Started by Jim Eades, Director of Stores and Franchise Operations at Interstate Batteries

Midtown Utopia

CRE Takes a Hit When It Comes to Mentoring Young Execs

Oh Wait! So Now We Are Going Back To Basics?

You May Have The Exclusive Right To Sell Sandwiches, But I Can Still Sell Burritos Because A Burrito Is Not A Sandwich!

Got to Admit It’s Getting Better. 10 Reasons Why from The National Real Estate Investor

Retail Development Comes Back

From the desk of Al Taff:


 U.S. consumer sentiment unexpectedly rose in September

September 14, 2012, Confidence among U.S. consumers unexpectedly improved in September, providing an impetus for the household spending that makes up more than 70 percent of the economy.

 The Thomson Reuters/University of Michigan preliminary index of consumer sentiment climbed to 79.2 from 74.3 the prior month. The gauge was projected to fall to 74, according to the median forecast of 71 economists surveyed by Bloomberg News.

 Treasury yields rise to 4-month high on selling

 September 14, 2012, Investors dumped Treasurys on Friday, pushing yields to four-month highs, as they moved money into stocks and other riskier bets. The price of the benchmark 10-year Treasury note fell $1.31 for every $100 invested. The yield, which moves in the opposite direction, rose to 1.87 percent from 1.73 percent late Thursday. The yield hasn’t been that high since early May.

 The Federal Reserve unveiled plans Thursday to stimulate the economy by buying mortgage bonds and keeping short-term interest rates near zero until mid-2015. Investors have reacted by selling Treasurys and plowing money into the stock market.

 Apparel Stores

 Dress Barn parent, Ramapo-based Ascena, listed among fast-growing by Fortune

September 11, 2012, The Ramapo-based clothing retailer that owns Dress Barn has made Fortune Magazine’s 2012 list of fastest-growing companies.

 Ascena Retail Group, which is now headquartered at 30 Dunnigan Drive in Montebello but will soon move from the county, was number 58 on the Fortune list and the only company in the Hudson Valley to be included.

 Department Stores

 Nordstrom Rack announces three new locations

SEPTEMBER 19, 2012 Seattle — Nordstrom announced plans to open Nordstrom Rack stores in the Milwaukee suburb of Wauwatosa, Wis.; Ann Arbor, Mich., and Columbus, Ohio.

 It will be the retailer’s first location in the state of Wisconsin. The approximately 36,000-sq.-ft. store in Wauwatosa, Wis., is scheduled to open in spring 2014 at The Mayfair Collection, a 250,000-sq.-ft. planned adaptive reuse development of a former industrial complex and distribution center.

 Discount Stores

 Target to open store in East Peoria, Ill.

SEPTEMBER 19, 2012 Minneapolis — Target Corp. said it will open a store in East Peoria, Ill., in March 2013.

 The store will be part of the 86-acre East Peoria Downtown development. This will be the first Target store in East Peoria.

 Kohl’s to ramp up holiday hiring by 10%

SEPTEMBER 18, 2012  Menomonee Falls, Wis. — Kohl’s Corp. said Tuesday it plans to hire more than 52,700 associates this holiday season, about a 10% increase over last year’s holiday hiring numbers.

 Kohl’s said it anticipates hiring an average of 41 associates per store, a 4% increase over 2011, as well as 5,700 seasonal DC positions and more than 30 seasonal credit operations positions. Hiring began this month, and most jobs will be filled by mid-November, said the retailer.

 Group to rally Tuesday against possibility of Walmart in Boulder

September 18, 2012, A group calling itself Citizens United to Preserve Boulder is organizing a rally Tuesday evening in protest of the possibility of a Walmart or another “big box” retailer opening in Boulder.

The group plans to organize outside the Boulder Municipal Building, 1777 Broadway, prior to the City Council meeting and to also speak during the public comment portion of the hearing. “Walmart may be using deceptive practices to build a store in Boulder,” the group claimed in a flier about the rally, also citing a recent Daily Camera article. “Boulder’s mayor and City Council claim not to know what’s happening. Demand that City Council hold a public hearing to get to the bottom of this.

 Wal-Mart to return to vacated Warren store

September 13, 2012, Warren — Wal-Mart will return to the city after a six-year absence, officials announced Wednesday.

 The retail giant plans to refurbish and expand a store it vacated in 2006, Warren Mayor Jim Fouts announced at a news conference at City Hall. It is expected to add nearly 300 jobs, he said.

 Five Below opening five more stores

September 13, 2012, Retailer Five Below plans to open five stores on Friday.

 The stores will be in Ann Arbor, Mich.; Cuyahoga Falls, Ohio; McDonough and Woodstock, Ga.; and Nanuet, N.Y. Five Below (NASDAQ:FIVE), which is based in Philadelphia, went public in July, raising $163.5 million by issuing 9.6 million shares.

 Drug Stores


Walgreens finalizes USA Drug deal

SEPTEMBER 18, 2012 Deerfield, Ill. — Walgreens on Monday announced that it has completed its purchase of 144 stores operating under the USA Drug, Super D Drug, May’s Drug, Med-X and Drug Warehouse banners located in Arkansas, Kansas, Mississippi, Missouri, New Jersey, Oklahoma and Tennessee.

The acquisition also includes corporate offices, a distribution center located in Pine Bluff, Ark., and a wholesale and private brand business, for a total of approximately $438 million subject to adjustment in certain circumstances.

Grocery Stores

Publix to enter North Carolina

SEPTEMBER 19, 2012 Lakeland, Fla. — Publix Super Markets announced that it has signed a lease for its first store in the state of North Carolina. The company said it is looking forward to continued growth in the state, and that the new location will be part of a new division based in Charlotte.

The 56,000-sq. ft. store, which will be located in Ballantyne, N.C., is scheduled to open in early 2014.

 Harris Teeter to open new format under 201central banner

SEPTEMBER 18, 2012 Charlotte, N.C. — Harris Teeter is currently renovating two locations into a new concept called 201central, which will carry an extensive variety of wine, beer, specialty foods and other general merchandise items. The new format will also feature an array of specialty services, including in-store wine consultants, event coordination and catering as well as party rentals and educational classes focused on wine, beer and food pairings.

 Mariano’s Opens 3rd Chicago Location

Sep. 18, 2012 MILWAUKEE — Roundy’s Supermarkets on Tuesday opened its third Mariano’s Fresh Market location in the city of Chicago.

 The store, located on North Elston Avenue, is the seventh in the Mariano’s chain. Mariano’s offers an upscale environment with a wide selection of imported foods, specialty items and prepared foods. The 63,000-square-foot Elston store offers amenities including a sushi bar, a gelato and coffee bar and an expanded vitamin section, Roundy’s said.

 Kroger supersizes latest Turkey Hill market to be more like grocery stores

September 14, 2012, The Cincinnati-based grocer and its Turkey Hill Minit Markets division Wednesday opened the first Turkey Hill Market, a larger take on its convenience stores, at 1621 Cobblestone Way in Marysville.

 Turkey Hill President Darel Pfeiff in a press release said the new store is envisioned as a contemporary version of the corner grocery.

 Fitch: U.S. Supermarket Sector Faces Margin Risk As Competition Intensifies

September 12, 2012, CHICAGO— The supermarket sector may be entering a period of heightened competition as SUPERVALU Inc. (SVU) accelerates its price investments, while discount and specialty operators continue to gain market share. SVU announced in July 2012 that it will be making additional price investments over the next 18 months, and financing these investments with additional cost reductions.

 This announcement came in the wake of weak operating results, and reflects management’s desire to more quickly improve its price competitiveness in order to drive customer traffic and sales. However, Fitch expects SVU’s newly aggressive pricing posture will worsen sales and margin trends over the near term. In the longer term, these price investments may not result in increased volumes, mainly because the entire grocery sector remains fiercely competitive as larger, better capitalized retailers such as The Kroger Co., Safeway Inc., and WalMart Stores Inc. continue to invest in price reductions.

 Home Improvement & Office Products

 Ace Hardware builds a strong store strategy in 2012

September 14, 2012 OAK BROOK, Ill. — Ace Hardware Corp. has reported substantial growth and expansion in priority markets across the country.

 After a prosperous second quarter focused on store activations and conversions, Ace is on-track to achieve its goal of opening 170 new domestic stores in 2012.

 Home Depot to close its big box stores in China

September 14, 2012 The Home Depot will close its remaining seven big box stores in China, the company announced late yesterday, in order to shift its focus to specialty stores and online offerings in that market.

 No date was given for when the Atlanta retailer would begin the closures. Although it is abandoning the big-box format, Home Depot said it is maintaining a new formats team to continue research and development activities in China. In addition, the company will continue to operate two recently-opened specialty stores, a paint and flooring store and a Home Decorators Collection store, both of which are located in Tianjin. Home Depot is also in the beginning stages of developing relationships with several of China’s leading e-commerce websites, a combination which the company believes is more tailored to Chinese customers’ needs and shopping preferences.


 CKE Restaurants swings to profit in 2Q

September 19, 2012 CKE Restaurants Inc. swung to a profit in the second quarter, saying Wednesday that same-store sales were boosted by minimal commodity inflation, a strong lineup of premium menu items and menu price increases.

 The Carpinteria, Calif.-based parent to the Carl’s Jr. and Hardee’s chains remains a private company after postponing an initial public offering that had been scheduled for early August. The company at the time blamed market conditions, though some outside observers speculated that lackluster results and a heavy debt load might have been a factor.

 Cracker Barrel sales, revenue rise in 4Q

September 19, 2012 Targeted advertising, menu changes and increased customer traffic spurred fourth-quarter and full-year profit and revenue growth at Cracker Barrel Old Country Store Inc., the company said Wednesday.

 The Lebanon, Tenn.-based company, which operates more than 600 namesake restaurant and retail locations, posted a near doubling of fourth-quarter net income, driven by a 14-percent increase in revenue. Fourth-quarter same-store restaurant sales rose 3.8 percent.

 Franchising Found to be Major Recent Cause of Chain Growth

September 17, 2012, As the credit markets have begun loosening up, more franchisees are starting to spread their wings and grow. A new report by Technomic and Restaurant Finance Monitor finds that the franchising of restaurant brands continues to be a major growth avenue pursued by chains. Many operators are signing new franchise agreements to open new stores or acquiring preexisting locations to expand their unit counts while also enhancing brand development and marketing.

 “Restaurant companies are shifting towards a franchise growth model by selling company-owned stores to raise money and reduce capital expenditures, focusing more on the brand and less on operations,” says Technomic executive vice president Darren Tristano. “The fast-casual and quick-service segments in particular are seeing higher levels of appeal based on lower costs of entry and strong unit economic models.”

 Dollar Stores, Warehouse Club & Other Retailers

 Report: Disney shops to open in J.C. Penney

SEPTEMBER 19, 2012 New York — Disney has joined the roster of brands that will be setting up shop in J.C. Penney Co., with Disney children’s boutiques opening in Penney stores next fall, Women’s Wear Daily reported.

 The in-store boutiques will feature products designed and sourced by Disney Consumer Products exclusively for J.C. Penney’s as well as Disney stores and theme parts, according to the report.

 Some Borders sites remain vacant a year after shutdown

September 18, 2012, A year after Borders Group Inc. liquidated and closed the last of its bookstores across the country, more than 30 percent of its former locations in Metro Detroit remain empty.

 The Ann Arbor-based company had 25 stores in Metro Detroit, and some high-profile locations in Grosse Pointe and Auburn Hills were expected to turn over quickly. But those stores stand vacant while the former bookseller’s smaller stores — in malls like Westland and Laurel Park Place in Livonia — have new tenants.

 Goodwill opening 10th Louisville location

September 18, 2012, Goodwill Industries of Kentucky will open its 10th donated goods center and retail store in Louisville tomorrow. Business First reports that the 15,000-square-foot facility is located at 133 S. Hurstbourne Parkway. It will include a donation drive-through lane, processing area and retail space.

 The store is Goodwill’s 62nd center in the state and will have about 20 employees

 Dick’s to Expand Store Base

September 18, 2012, In an effort to continue with its strategy of expanding store base and strengthening e-commerce capabilities to drive top-line growth, Dick’s Sporting Goods Inc . ( DKS ) recently announced that it will open six new stores at different locations in the United States. The company will be celebrating the grand opening at these new locations between 18 th and 21 st September.

 The Pennsylvania, USA-based full-line sporting goods retailer, will open two stores each in the New York City and Utah as well as one each in North Carolina and California. The company capitalizes on its extensive network of stores to effectively penetrate its target markets and gain a competitive advantage over its rivals and drive sales.

 Colorado Springs Seeing Lots of C-store Growth

Sep 17, 2012 COLORADO SPRINGS, Colo. — The Pikes Peak region of Colorado has been a hot spot for convenience stores lately and the trend does not look like it will be cooling down anytime soon.

 Dotting the c-store landscape in the region today are 7-Eleven Inc., with dozens of stores; Loaf ‘N Jug; and Circle K among the chains with several locations. And as The Gazette reported, the convenience store chains continue to see opportunity in the Colorado Springs market. For example, Dallas-based 7-Eleven, which has roughly 50 area stores, said three to four more are planned this year and another five to six are slated for 2013. Loaf ‘N Jug, a division of The Kroger Co., has about 20 stores and another one is planned southeast of Northgate Boulevard and Voyager Parkway. Similarly, Circle K, based in suburban Phoenix and with about 20 locations in the area, plans one more store on the city’s northeast side, at Tutt Boulevard and North Carefree, the news outlet added.

 Wawa’s Southern Exposure

September 14, 2012, ORLANDO, Fla. The Wawa, Pa.-based chain made a 1,000-mile leap from its core market to establish “Wawa South,” which by the end of the next five years is targeted to number 100 sites, with the Orlando and Tampa markets as launch pads. This may seem like a big jump for a company that in the past has spread from its Mid-Atlantic base, but as company leaders explain, the move was 100% organic.

 “We’ve never looked for acquisitions because we’ve never found acquisitions that make sense for us in terms of real estate or location,” Howard Stoeckel, CEO of Wawa, told CSP Daily News.

 American Natural Retail Acquires Mon Valley Petroleum

September 14, 2012, PITTSBURGH — American Natural Retail has purchased McKeesport, Pa.-based Mon Valley Petroleum, reported The Pittsburgh Business Times. The acquisition of the fuel retailer and distributor falls in line with American Natural Retail’s plan for a line of upscale c-stores and gas stations that offer compressed natural gas in the Pittsburgh region, according to the report.

 Included in the sale were 15 Buy-N-Fly c-stores and gas stations that sell BP or Exxon gasoline.

 We do not send unsolicited emails.  Please accept our apologies if you received this in error.  If you do not wish to receive future information please contact Our Group does not guarantee the accuracy, relevance, timeliness, or completeness of this information.
Reprinted with permission,, copyright,  Lbhar-Friedman Inc,  425 Park Avenue, NY , NY 10022


Al Taf
Vice President Investments
Director, National Retail GroupDirector, National Net Lease Group

Time For Private Equity and CRE To Get Serious

My Tools to Manage Twitter in 15 Minutes a Day

Outlet Centers, Secondary Markets Are Retail Trends

ULX: Tight Squeezes

Real estate MBA programs adding value to property pros

Business Growth Workshop Will Talk Strategy

Commercial Lease Checklist: Important Action Items After The Lease Has Been Signed

Cultivating Relationships – What Have You Done for Me Lately?

How to Accelerate Growth Through Acquisitions

The Future is Nearer Than You Think

Store Closings Coming In Office Supplies Sector

VIDEO: Grab Urban Infill If You Can Find It

New Panera Underscores Midtown’s ‘Tipping Point’

The benefits of engaging a well-respected Broker on an Exclusive Basis

How Physics is Similar to Your Business

NEWS ON MAIN – Stockbox Groceries

The entrepreneur’s source for news and commentary on today’s pressing small-business issues.

(UX) User Experience. What is It? Why It’s Obvious You Don’t Care!;-Mentally-Were-Stuck-in-Recession/141847?ref=/News/Article/MAJOR-DILEMMA-Economically-Were-in-Recovery;-Mentally-Were-Stuck-in-Recession/141847&src=rss&goback=%2Egde_126357_member_169031931

MAJOR DILEMMA: Economically We’re in Recovery; Mentally We’re Stuck in Recession

How Do Commercial Agents Use Social Media to Drive New Leads?

Staples, Inc. Announces Strategic Plan to Accelerate Growth
FRAMINGHAM, Mass.–(BUSINESS WIRE)–Sep. 25, 2012– Staples, Inc. (Nasdaq: SPLS) the world’s largest office products company and second largest internet retailer, today announced that it is embarking on a strategic plan to better serve the needs of its customers and accelerate growth. Staples will integrate its retail and online offering, increase investment in its online businesses, reorganize its operations, implement leadership changes, initiate a multi-year cost savings plan, and restructure its International Operations.“Our vision is to establish Staples as the single-source product authority for millions of businesses,” said Ron Sargent, Staples’ chairman and chief executive officer. “We are building on the strengths that are the foundation of our success by focusing on five key priorities: accelerate growth in our online businesses; fully integrate retail and online; improve retail store productivity; restructure our International Operations; and return cash to stakeholders.”This strategy builds on Staples’ unique strengths, including its world-class supply chain capabilities, extensive retail store network, strong relationships with business customers of all sizes, and industry-leading online presence.Accelerate GrowthTo achieve its vision, Staples is increasing investment in online and mobile capabilities to provide business customers with a differentiated multi-channel shopping experience. Building on its success in categories like facilities and breakroom supplies, copy and print, and technology products, Staples is significantly expanding its assortment beyond office supplies to better serve the needs of business customers. To help fund these investments in growth, Staples is initiating a multi-year cost savings plan which is expected to generate annualized pre-tax cost savings of approximately $250 million by the end of fiscal year 2015.Enhance Multi-Channel OfferingTo support growth and better address the changing needs of its customers, Staples announced the combination of its U.S. Retail and businesses under the leadership of Demos Parneros. Joe Doody will continue to lead Staples’ North American Contract and businesses, and will assume leadership of supply chain and customer service operations in North America. “Demos and Joe are outstanding leaders who have a deep understanding of the needs of business customers,” said Sargent. “By realigning our organization around our customers, we are much better positioned to take advantage of our unique supply chain and retail store assets, while accelerating online growth and significantly improving productivity.” Demos Parneros and Joe Doody will continue to report to Ron Sargent.Improve Retail Store ProductivityStaples plans to reduce retail square footage in North America by approximately 15 percent by the end of fiscal year 2015. As part of this plan, Staples is accelerating the closure of approximately 15 U.S. stores which will result in a pre-tax cash charge of approximately $35 million during the fourth quarter of 2012. Staples now expects a total of approximately 30 net store closures and 30 store downsizings and relocations in North America during fiscal year 2012.Restructure International OperationsStaples announced key restructuring activities as part of an ongoing process to reduce the complexity and improve the profitability of its European operations. Staples plans to close 45 stores and several sub-scale delivery businesses in Europe by the end of fiscal year 2012, and also announced a leadership change in its European operations. Staples announced the appointment of John Wilson as president of Staples Europe. “John has a strong knowledge of our industry and a proven track record of improving performance which uniquely positions him to lead our European organization,” said Sargent. John will be based in Amsterdam and replace Rob Vale, who is retiring as planned after leading Staples’ European operations over the past three years.As a result of these actions, Staples expects to record pre-tax cash charges in the range of $145 million to $195 million by the end of fiscal year 2012. Additionally, Staples expects to record a pre-tax non-cash charge in the range of $790 million to $850 million for the impairment of goodwill and other assets within its European retail and catalog businesses during the third quarter of 2012. Staples is continuing to explore additional operational and strategic opportunities for its European operations.Staples is also pursuing the sale of its European Printing Systems business. As a result, this business will be reported as discontinued operations as of the third quarter of 2012. Staples expects to record a pre-tax cash charge in the range of $15 million to $20 million related to this action during the third quarter of 2012.Staples is rebranding its Australian business as it continues to move toward one global brand. As a result,Staples plans to record a $20 million pre-tax non-cash charge related to accelerated trade name amortization by the end of fiscal year 2012.

  Summary of Approximate Pre-Tax Charges (Dollar Amounts in Millions)
            Q3 2012       Q4 2012
    European Goodwill and Other Asset Impairment*       $ 790 – 850        
    European Restructuring         25 – 35       $ 120 – 160
    European Printing Systems Restructuring         15 – 20        
    Australia Trade name Accelerated Amortization*         15         5
    U.S. Store Closures                 35
    Total       $ 845 – 920       $ 160 – 200
    *Denotes non-cash charge                

Return Cash to StakeholdersStaples remains fully committed to returning excess cash to stakeholders and is focused on maintaining its current investment grade credit rating. Staples plans to continue to repurchase its common stock through open-market purchases, which are expected to total approximately $450 million during fiscal year 2012, and also plans to repay its outstanding $325 million Senior Notes due October 2012 with cash on hand. As a result of these activities, as well as its ongoing cash dividend program, Staples plans to return more than $1 billion of cash to stakeholders during fiscal year 2012.“We are focusing on our biggest opportunities, aligning our organization to address the needs of our customers, and reducing exposure to our weakest businesses,” Sargent said. “This puts us in a much stronger position to drive long-term sales and earnings growth.”About StaplesStaples is the world’s largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at information contained in this news release constitutes forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995 including, but not limited to, statements regarding our future business, strategy and financial performance. Any statements contained in this news release that are not statements of historical fact should be considered forward-looking statements. You can identify these forward-looking statements by the use of the words “believes”, “expects”, “anticipates”, “plans”, “may”, “will”, “would”, “intends”, “estimates”, and other similar expressions, whether in the negative or affirmative. Forward-looking statements are based on a series of expectations, assumptions, estimates and projections which involve substantial uncertainty and risk, including the review of our assessments by our outside auditor and changes in management’s assumptions and projections. Actual results and the timing of events could differ materially from those currently anticipated as a result of risks and uncertainties, including but not limited to the following: the Company’s ability to achieve the growth plan could be adversely affected by competitive factors, economic and market conditions and other external events; any inability by the Company to achieve on a timely basis its planned cost savings to fund investments in the growth plan could adversely affect the achievement of the plan and the Company’s earnings; the estimated amounts of cash and non-cash restructuring and goodwill impairment charges described above could change as a result of changes in estimates or fluctuations in foreign exchange rates; and it is possible that the implementation of the plan, or changes to the plan, could result in charges not currently contemplated by the plan; and achievement of the plan could be affected by the factors discussed or referenced in our most recent quarterly report on Form 10-Q filed with the SEC, under the heading “Risk Factors” and elsewhere, and any subsequent periodic or current reports filed by us with the SEC. In addition, any forward-looking statements represent our estimates only as of the date such statements are made (unless another date is indicated) and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change. All forward-looking statements in this news release are qualified in their entirety by this cautionary statement. Source: Staples, Inc.Staples, Inc.
Media Contact:
Kirk Saville, 508-253-8530
Investor Contact:
Chris Powers/Kevin Barry, 508-253-4632/1487

New Cell Tower Lease: What Is a Property Owner’s Bargaining Power?

I hope you will check out future weekly commentary at   If you enjoy the commentary please subscribe online.



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 and a co-founder and 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.


468 ad

Leave a Reply

Your email address will not be published. Required fields are marked *