Commercial Real Estate (CRE) is a highly competitive industry that is equal parts stimulating, frustrating, lucrative, exhausting and entertaining. Working as a female in a male-dominated industry can include a variety of obstacles that men would not normally experience. Continue reading
Strategic Retail Group is pleased to announce the addition of Peter McQuaid, Senior Vice President to our retail brokerage team.
Strategic Retail Group is pleased to announce the addition of Erin Schrauth, Senior Associate to our team. Continue reading
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 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.
IS IT TIME TO SELL MY COMMERCIAL BUILDING?
Here are 7 KEY Questions:
Since 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.
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?
An improving retail market means the big tenant incentives of the last few years are vanishing…
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
A Rise in Noteworthy New Retail Development in Arizona? Sprouts & Fry’s Marketplace Anchored Centers coming soon in the Valley.
Central Phoenix is on fire with great local restaurants…
“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
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
How can it be that the great recession was a good thing for any business segment?
Well it was for local restaurateurs in the Phoenix metro area… and here is why: Continue reading
Uncle Bear’s Brewhouse Grill set to Open at Ahwatukee Foothills Towne Center
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
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 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
It’s about time… According to a recent study by the National Restaurant Association, 73 % of diners say they now try to choose healthier items when eating out. With climbing healthcare costs and a frightening obesity rate across the country (26% nationally), it’s about time that healthy quick serve restaurants (QSR) start growing their presence nationally. Continue reading
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
PT 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 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.”
lead – to guide on a way especially by going in advance; to go at the head of or to be first in or among
in·no·vate – to 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
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 email@example.com or 602.778.3830
The commercial real estate business has been slow to embrace social media for business development, but Scottsdale-based Strategic Retail Group is an exception.
“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
How can you use an 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…
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