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Creating Deals in this Current Market
If you or your broker are relying on listing platforms like CoStar or Crexi, you are already behind and missing the best opportunities. The strongest sites are often spoken for before they ever hit the market. In Indianapolisâ preferred submarkets, vacancy is below 2%âĻ
Retail Segments Who Thrived Through COVID
Apparel sales in general plummeted 34% during the latter half of 2020, athleisure sales held strong. Work from home and quarantine policies spurred demand for comfortable, functional clothing. Consumers also sought technical gear for healthy lifestyle and wellness activities. Lululemon delivered aâĻ
Part One: COVID-19 (Landlords)
This two-part post is not intended to re-hash the devastating effects of COVID-19 on the retail landscape but rather to examine how its occurrence impacted landlord and tenant relations and lease conversations. Landlords and tenants are working through myriad issues of back rent collection and how to address future pandemics withinâĻ
Part Two: COVID-19 (Tenants)
As counties and cities across the country lift restrictions and we face our ânew normal,â retail tenants are cautiously exploring their real estate options. COVID-19 brought to the forefront the importance of pandemic protection in lease contracts. A previous blog postâĻ
Three Mistakes of Retail Lessees
Not adhering to established physical site criteria. A site search should begin with defining the physical site requirements. You should be able to answer these questions: What size of space is mostâĻ
Five Lease Clauses to Understand Before Signing Your Lease
Outside of negotiating the deal economics of rent, free rent, allowances, and credits, the terms of your lease may have restrictive and, in some cases, costly repercussions. We always suggestâĻ
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