Strategic Retail Group is pleased to announce the addition of Erin Schrauth

Erin Schrauth - Senior AssociateStrategic Retail Group is pleased to announce the addition of Erin Schrauth, Senior Associate to our team. Continue reading

The 4 Biggest Misconceptions About Millennials

Every time I sit down at new economic forecast, read up on industry news, or check my twitter feed there is someone talking about Millennials. And rightfully so. Continue reading

How to Get Your Mail Opened and Read First…

How To Get Prospects to Read Your Mail

As real estate salespeople, we are constantly sending letters, brochures, post cards, etc. to our prospective tenants and future clients.

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7 Questions to Ask If You Are Selling Your Commercial Building

street sign

IS IT TIME TO SELL MY COMMERCIAL BUILDING?

Here are 7 KEY Questions:

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My First ICSC ReCon Convention

ICSC-CentralSince the beginning of my time in this industry I was told about the great ICSC convention in Las Vegas, Nevada. Stories from around the office filled my expectations and created an extravagant image in my head of Wall Street like meetings and negotiations with the best real estate minds all over the world.

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Why Brokers are Needed Now More Than Ever…

There is a term that has been born over the past seven years, “The New Normal.” What does this mean when we say it? How has it changed the landscape of negotiating and more importantly, how does it fit in to how we actually complete transactions today?

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Disappearing Retail Incentives

An improving retail market means the big tenant incentives of the last few years are vanishing…

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Bank Lending Will Continue to Grow Arizona Performing Impressively

Economic growth and American businesses’ demand for expansion will lead to business lending growth “at a near double digit annual rate” over the next couple of years, Continue reading

Will We Start to See Retail Development Again? Part Deux

A Rise in Noteworthy New Retail Development in Arizona? Sprouts & Fry’s Marketplace Anchored Centers coming soon in the Valley. 

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Central Phoenix Restaurant Report

Central Phoenix is on fire with great local restaurants…

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The Quick Service Pizza Craze

The latest concepts to hit the valley are from the quick fire pizza craze that is sweeping the nation.  Continue reading

Phoenix Retail Commercial Real Estate Review and 2014 Forecast

“Like dreams, statistics are a form of wish fulfillment” – Jean Baudrillard

For most of us in the retail commercial real estate business in Phoenix, AZ the last 5 years were more of a nightmare than a dream. However 2013 was a very busy year and all signs are pointing toward a healthier and more vibrant retail market in 2014. Continue reading

Highlights?? My first year in #CRE…

November 20th, 2013

When I woke up this morning I knew something was different about today. I arrived at the Scottsdale Quarter around 8:00 am, stopped in at Press Coffee for my morning java and I was ready for another day at the office. Lo and behold, today marks my one year anniversary at Strategic Retail Group. Continue reading

Craft Breweries Continue AZ Growth

Uncle Bear’s Brewhouse Grill set to Open at Ahwatukee Foothills Towne Center

Uncle Bears Brewhouse Ahwatukee AZ

Strategic Retail is pleased to announce that Uncle Bear’s Brewhouse Grill opened at Ahwatukee Foothills Towne Center on Thursday, September 26th, 2013.   This will be Uncle Bear’s fifth Valley bar and grill, but this location will have a different feel than the other Uncle Bear’s Bar and Grill’s located in Chandler, Mesa, Queen Creek and Surprise. Continue reading

Frozen Yogurt Over and E-Cigarette Stores the Next Retail Fad?

frozen yogurt stores- retail

In the 1980’s frozen yogurt stores like: Penguin’s, TCBY and I Can’t Believe it’s Yogurt exploded the fad by creating a product with more sugar than it’s original formula introduced in the 1970’s. Continue reading

Post Recession – Retail will never look the same…

retail forecast blog.001Following the Great-Recession and ever changing consumer habits, the future of retail centers will most certainly look nothing like what we saw just five years ago. Continue reading

Metro Phoenix Retail Market Continues to Gain Steam

City of Phoenix

  • Rents Bottom Out
  • Investment Sales Volume Up
  • New Construction is Minimal
  • Vacancy Expected to be 10% or less by end of the year

The Metro Phoenix retail market is continuing to improve with strong momentum continuing to build in leasing activity as well as investment sale transactions. Additionally, the trend in rental rates, which lag behind leasing and absorption activity, has also bottomed out and has turned positive. With minimal new construction in the pipeline, market fundamentals are favorable for strong continued momentum growth in leasing, absorption and rent growth.

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Medical Tenants in Retail Centers

Medical users in retail centersOver the course of the last several years, Medical Tenants became increasingly popular in retail shopping centers. With the expansion of urgent care clinics, dental offices, chiropractors, family practitioners and other ancillary medical uses, the Medical Tenant has formed a strong bond with retail shopping centers. Tenants such as The Joint, Fast Med Urgent Care, East Valley Urgent Care, Pacific Dental Services, and Aspen Dental compete for prominent retail spaces. Continue reading

Will we start to see retail development again soon?

Retail space for lease in Gilbert, Arizona

New Retail Development in Gilbert, AZ – 2014 Delivery

Arizona’s economy is heating up again and we’re trying to make room for the estimated 500,000 people that will be coming to our fine state over the next seven years. As a result, there’s a frenzy among home builders to acquire lots and build homes {not quite the tempest that we experienced a few years back, thankfully}.  This activity is a great sign for retail and for Arizona in general, which then begs the question:

Will we start to see substantial new retail development again soon? 

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Leasing Fundamentals – Qualifying

Retail Space for lease in ArizonaPart II – QUALIFYING

Are Your Tenant Prospects Fully Qualified?

10 Key Questions Will Help You Determine:

How do I know you have the right tenant for my property?

Will they be successful for the duration of the lease?

How can I expedite the process and get to the salient facts? Continue reading

Adaptive Re-Use in Phoenix, Arizona

Arizona has a history of a blade and rebuild philosophy when it comes to changing the use of a particular property… but lately we have seen several innovative projects which utilize the original building to make something more unique and less cookie cutter.  Continue reading

The Changing Face of Retail…

Retail Space for Lease in Arizona

The past few years have brought about a significant change in the retail lineup in shopping centers across the nation… The top three dollar store chains are growing considerable market share at the expense of a spectrum of retailers. Continue reading

Phoenix Retail Recovery

Retail Space for Lease in Arizona

3rd Quarter 2012 marked the best quarter in Strategic Retail Group company history – roughly 21 quarters worth of scalable data dating back to 2007.  Not only was transactional volume, defined as number of deals executed, at its highest level, but also aggregate square footage leased was at its highest level.  Tenant incentives are slowly going away, temporary deals are decreasing, and company tenant clients like Massage Envy, Einstein’s Bagels, Drybar, Sportsman’s Warehouse, Barro’s Pizza, Alliance Urgent Care and Party City are active and executing transactions for new locations in the Phoenix Metro area.

All of the fundamentals, including increased retail sales and improving holiday sales expectations, are pointing towards a comeback that will dramatically help shopping center owners valley wide.  Continue reading

Leasing Fundamentals- Void Analysis

retail space for lease in ArizonaPT 1 – VOID ANALYSIS

What’s missing from your center?  Perform a “Void Analysis” and find out

A VOID ANALYSIS determines what significant, retail functions are missing from a shopping center.

Here at Strategic, we use this basic fundamental system for determining the difference in a retailer’s capacity to fulfill consumer demand within a given trade area. Continue reading

Strategic Adds Greg Abbott

Strategic Retail Group is pleased to announce the newest addition to our team: Greg Abbott, Senior Vice President of Investments. Greg has an impressive background in the Arizona retail market where he has completed over 675 transactions totaling approximately $475 million. He has a valuable combination of both investment sale and leasing experience.

Before joining Strategic Retail Group, he spent eight years at De Rito Partners, Inc. where he assisted in launching their Investment Property Sales Division. Prior to De Rito Partners, Greg was with CB Richard Ellis where he built an award winning retail team. Before CB Richard Ellis, Greg started his career at Grubb & Ellis where he spent seven years and learned the Arizona retail real estate market on the leasing side of the business, while representing numerous landlords, as well as, national and regional tenants.

Jason Fessinger, Partner at Strategic adds, “we are thrilled to have Greg on our team and excited about bringing investment sales to our clients as an additional line of service. Greg is extremely talented and his leadership and experience will lift Strategic to new heights.”

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Get Strategic – Arizona’s Leader in Innovative Retail Shopping Center Marketing

Retail Space for Lease in Arizona

leadto guide on a way especially by going in advance; to go at the head of or to be first in or among

in·no·vateto make changes; to do something in a new way

Strategic Retail Group is the leader for innovative marketing among Arizona commercial brokerage firms. By utilizing YouTube, twitter, Facebook and many other Internet sites we have forged a strong online brand and created a massive audience for the marketing of our clients’ retail properties. Continue reading

Einsteins Continues To Expand In Metro Phoenix, Flagstaff & Prescott

Einstein’s Bros. Bagels continues their expansion plans in Metro Phoenix, Flagstaff & Prescott Areas in 2012. Einstein’s prefers 2,200-2,500 square foot drive thru/end caps in anchored retail centers in high traffic areas. Currently looking for sites with strong daytime populations in Metro Phoenix. Active Franchisee also seeking sites in Mesa, Chandler, Gilbert, N. Scottsdale, Prescott & Flagstaff.

Einstein’s has over 700 restaurant locations nationwide.

Contact Matt Milinovich at mattm@srgaz.com or 602.778.3830

Einsteins Information Link

Strategic Use of Social Media in Commercial Real Estate

The commercial real estate business has been slow to embrace social media for business development, but Scottsdale-based Strategic Retail Group is an exception.retail space for lease in Arizona

“We dove into Twitter, Facebook and YouTube in January 2010,” said Partner Matt Milinovich. “It took us a while to figure out which ones were best for what.” Continue reading

Should you use an iPad in commercial real estate?

How can you use an iPad in commercial real estate?

How to use iPad in Commercial Real Estate

We are a bunch of early adopters here at Strategic so we jumped on the iPad release immediately and bought a few and headed off to ICSC Recon in Vegas back in May 2010 to give it a try…

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Should Video Be A Part Of Every Marketing Plan?

YouTube Video Marketing in Commercial Real Estate
Similar questions were likely asked when high quality photos & graphics became standard elements of marketing brochures, email blasts and property websites… is the extra cost and time necessary to add these items to marketing efforts really worth it? Do these items really increase exposure for properties and increase sales & leasing activity? Continue reading