Complex of shops, usually under one roof
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Michael Flight has been specializing in shopping centers since the mid 1980's. On today's show we are talking about how shopping centers are going through a revival of sorts. We're talking about where the demand is and how to create value in shopping centers. To connect with Michael, you can find him on LinkedIn at https://www.linkedin.com/in/michael-flight/ or at his company Concordia Realty. ------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
In this episode of the Income Flip Podcast, John McNellis shares his journey from a journalism major with no clear direction, to a reluctant lawyer, to one of Northern California's most respected shopping center developers over a 40-plus year career. John breaks down how he turned a $1,500 investment into $90,000 in early real estate profits before he'd even left the law firm, then raised his first million dollars door-to-door to build the Healdsburg shopping center he still owns today. He's candid about the deals that nearly destroyed him too, from a wildly overleveraged mall redevelopment that ended in foreclosure and a six-figure IRS bill, to a Walmart project derailed by a granite deposit no geological survey could have predicted. He also explains why he walked away from financial partners entirely, why staying hyper-local gave him a lasting competitive edge, and why persistence, not talent or luck, is the real prerequisite for surviving decades in development.
In this episode of the Income Flip Podcast, John McNellis shares his journey from a journalism major with no clear direction, to a reluctant lawyer, to one of Northern California's most respected shopping center developers over a 40-plus year career. John breaks down how he turned a $1,500 investment into $90,000 in early real estate profits before he'd even left the law firm, then raised his first million dollars door-to-door to build the Healdsburg shopping center he still owns today. He's candid about the deals that nearly destroyed him too, from a wildly overleveraged mall redevelopment that ended in foreclosure and a six-figure IRS bill, to a Walmart project derailed by a granite deposit no geological survey could have predicted. He also explains why he walked away from financial partners entirely, why staying hyper-local gave him a lasting competitive edge, and why persistence, not talent or luck, is the real prerequisite for surviving decades in development.
What are some of the small details that make a shopping center better to own, manage, and visit?In this episode of I Own a Shopping Center. Now What?, Beth Azor shares some of her final shopping center ownership and property management tips, drawn from her experience operating retail properties.Beth explains why she uses flowers and colorful signage to catch the attention of people driving past her shopping centers, along with benches and piped-in music to create a more inviting environment and encourage customers to spend more time at the property.She also covers an operational issue shopping center owners need to address quickly: rodent prevention. Keeping dumpster areas clean, holding restaurant tenants accountable, and responding immediately when a problem appears can help prevent a difficult situation from becoming much harder to control.Vendor relationships are another important part of successful shopping center management. Beth shares why she believes in finding good vendors, paying them promptly, treating them well, and recognizing their contribution through an annual vendor appreciation event. Those relationships can become especially valuable when a property needs help quickly.Finally, Beth explains why she believes property managers should spend as much time as possible physically visiting their shopping centers. Being on-site helps strengthen relationships with tenants and vendors while allowing managers to identify issues they simply will not see sitting behind a computer.She also shares the property management software she uses across her portfolio, Rent Manager, and why she continues to recommend it to other shopping center owners.If you own, operate, or manage shopping centers, this episode offers practical perspective on the everyday details that contribute to stronger retail properties, better relationships, and a better experience for tenants and customers.Topics include shopping center management, retail property management, shopping center operations, customer dwell time, landscaping, property maintenance, pest prevention, vendor management, tenant relationships, property inspections, and commercial real estate management.
Small details can have a big impact on how a shopping center looks, feels, and leases. As Beth Azor approaches the 100th and final episode of I Own a Shopping Center. Now What?, she shares more of the operating practices she considers essential for retail property owners.Beth breaks down her approach to pylon and storefront signage, why she prefers reverse lettering and individually illuminated channel letters, and why she limits temporary signs, flags, banners, and A-frames. She also explains the value of putting up “Coming Soon” signs immediately after a lease is signed.Then Beth turns to vacant spaces and the details that can make them easier to show and lease. From keeping windows uncovered and spaces impeccably clean to leaving utilities, lights, and air conditioning on, these practical decisions all support one goal: making the space more attractive and ready for the next tenant.Key Takeaways- Use reverse lettering on pylon signs for stronger visibility- Choose individually illuminated channel letters instead of raceways- Limit temporary banners, flags, A-frames, and other visual clutter- Install “Coming Soon” signs as soon as a new lease is signed- Keep vacant storefront windows open rather than covered with paper- Require black Visqueen when tenants need to cover windows during construction- Keep vacancies clean, well-lit, comfortable, and ready for tours- Leave utilities and air conditioning on when practical- Make bathrooms clean and stocked for prospects and leasing agents- Treat every vacant space like it could be shown at any momentSubscribe and hit the bell to get notified when the final episode drops.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
ALSO: Governor Braun launches new storm recovery texting tool, Volunteers help rebuild 93-year-old man's flood-destroyed home, New Castle residents told to vacate flooded apartments within 2 weeks, Tim Curry dies, flooding in Nepal, NFL Pro Bowl done, and Caitlin Clark brings Swift to the basketball court.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What are the most important things you should focus on when owning and operating a shopping center?As I get closer to Episode 100 of I Own A Shopping Center. Now What?, I'm counting down my Top 20 tips for shopping center owners. In Part 1, I'm starting with five areas that directly impact tenant performance, property operations, leasing, and ultimately the value of your asset.From collecting tenant sales and staying on top of rent to keeping your property clean, well-lit, and properly leased, these are the fundamentals I pay attention to across my own shopping centers.I also share why tenant sales reporting gives you an early look at business performance, how being too lenient with delinquent tenants can actually contribute to vacancy, and why your leasing agent needs enough time to learn your property before you judge their performance.KEY TAKEAWAYS- Require sales reporting from local and regional tenants whenever possible.- Use tenant sales to identify problems and opportunities early.- Stay disciplined with rent collection and enforce late fees.- Don't let relaxed collection practices turn delinquency into vacancy.- Keep your shopping center and vacant spaces clean and presentable.- Prioritize lighting throughout the property to improve safety and visibility.- Give a new third-party leasing agent time to understand your asset and market.- Require activity reports so you know whether your leasing agent is actually prospecting.- If leasing stalls, evaluate the rent, positioning, marketing, and condition of the space.- Support good leasing agents with the tools they need to get deals done.This is Part 1 of my four-part series covering the Top 20 things I believe every shopping center owner should know.If you own, operate, manage, or lease shopping centers, subscribe so you don't miss the rest of the countdown to Episode 100.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
What separates a well-operated shopping center from one that constantly runs into problems? In Part 2 of Beth Azor's Greatest Hits series, Beth shares five of her most important lessons from years of owning, leasing, and operating retail properties.Beth explains why owners need firsthand market knowledge instead of relying solely on online data or third-party leasing agents, how the right tenant mix can strengthen an entire property, and why building real relationships with tenants matters. She also tackles two operational issues that can easily be overlooked: protecting valuable customer parking and keeping garbage under control.From understanding rents and vacancies to knowing which tenants are thriving, these practical lessons can help shopping center owners make smarter decisions and protect the long-term performance of their properties.The 5 Greatest-Hit Tips- Know Your Market — Understand neighboring centers, vacancies, rents, tenant performance, and what is changing around your properties.- Build the Right Tenant Mix — Choose tenants that complement the businesses already succeeding at your center.- Know Your Tenants — Strong tenant relationships can help with renewals, property issues, security, and future leasing opportunities.- Protect Your Parking — Keep prime spaces available for customers and think carefully before giving up parking for additional income.- Stay on Top of Garbage — Overflowing dumpsters and poorly maintained common areas can quickly become bigger property-management problems.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Do you really know the overall health of your shopping center? In Part 3 of Beth Azor's Greatest Hits series, Beth breaks down the six reports she asks for when reviewing or consulting on a retail property.From the rent roll and lease expirations to delinquencies, tenant sales, occupancy costs, and budget-to-actual performance, Beth explains what she looks for in each report and how the information helps shape leasing and operating decisions. She also shares examples from a recent consulting assignment, including overdue CAM payments and occupancy costs ranging from 3% to 38%.These reports aren't just paperwork. They can help owners identify risks, plan renewals, anticipate vacancies, evaluate tenant performance, manage CAM expenses, and make better long-term decisions for their shopping centers.The 6 Essential ReportsRent RollExclusives ReportExpiration ReportDelinquency ReportSales & Occupancy Cost ReportBudget-to-Actual ReportBECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
This week on the News Man Weekly, we're keeping it in the family. Zach Hunnell, Carl's youngest son, joins us to discuss his life in Barcelona, Spain. First, we recap the latest news around Richland County, including the Festival of Hope at Mansfield Speedway, long-awaited plans to demolish the former West Park Shopping Center and a new series of community town halls aimed at strengthening dialogue between Mansfield residents and police. Plus, Carl ranks his top 5 summer blockbuster movies of all time. Then, News Man Weekly goes international as Carl welcomes his youngest son, Zachary Hunnell, a Lexington High School graduate who has spent the past four years living and working in Barcelona, Spain. Zach talks about his career in global supply chain management with HP and how a kid from Richland County ended up building a life halfway around the world. Father and son also get into the fun stuff: adjusting to 10 p.m. dinners, late-night beach parties, life without a car, European soccer culture, European healthcare, traveling the continent and the things Americans get completely wrong about everyday life in Spain.This episode is powered by the great folks at Relax, It's Just Coffee. Relevant links: On the same track: Churches unite for Festival of Hope at Mansfield Speedway Mansfield NAACP announces 'Town Hall' meetings with mayor, police seeking improved relationship Powering down: Utility work to begin ahead of former West Park Shopping Mall's fall takedown Be a Source Member for unlimited access to local, independent journalism.Support the show: https://richlandsource.com/membersSee omnystudio.com/listener for privacy information.
Rockland Centre, the luxury shopping mall that was purchased for more than $271 million in 2014, was recently sold for just one dollar. The mall is now valued at about $115 million, and the one-dollar sale was actually part of a share sale, which can transfer ownership of a property, along with its debts, leases and other liabilities, without actually selling the building itself for a dollar. Leora Schertzer is the Montreal Gazette reporter who broke down the deal, spoke to Andrew Carter. Photo Credit: THE CANADIAN PRESS/Ryan Remiorz
On TODAY'S Podcast!Shopping Center Draft!Find out, on The Bar Banter Podcast!Support the Show!If you want to show your support for the show, now you can! Help us pay for our "Bar Tab" by clicking the link below! https://ko-fi.com/the_barbanterFind us on Social Media!Instagram: the_barbanter Twitter: https://twitter.com/the_barbanterYouTube: The Bar Banter PodcastTiktok: @the_barbanterpodcast Bluesky: thebarbanterWe're Sponsored!Angry Toothpick Jerky, Own Your Hangry Click here and enter "banter" at checkout for 10% off your entire order!About this episodeHosts: Ben Trimmer, Drew Mullis, Rick Mattison, Travis Jennings Guest: Producer: Travis Jennings Editor: Travis Jennings Song Credits: The Floor Is Lava · Avocado Junkie30 Seconds Of Funk - Slap Bass · PremiumProductionTracks, funky-fortune-154575, electronic-rock-king-around-here-15045, prettyjohn1-hip-hop-hip-hop-beat-525029.mp3 Link to full podlink: https://pod.link/1615139311#barbanter #drinkinggames #podcast #satire #beer #alcohol #spirits #bar #banter #argue #debate #funny #comedy #indy #drinking #popculture #social #cheers #lastcall #wouldyourather
What happens if your new tenant walks away halfway through construction—and leaves you with the bill?In Episode 96 of I Own A Shopping Center Now What, Beth Azor discusses one of the biggest risks shopping center owners face during tenant build-outs: franchisees who run out of money or abandon construction before opening. After seeing multiple examples of unfinished build-outs in recent months, Beth explains why landlords need stronger protections in place long before construction begins.She shares the strategies she uses to reduce risk, including requiring full personal guarantees during construction, negotiating letters of credit, delaying tenant improvement reimbursements until the business is open and paying rent, and ensuring adequate collateral before transitioning to more flexible lease terms. Beth also explains the role franchisors play when franchisees fail and why landlords should never rely solely on franchise approval when protecting their investment.
AP correspondent Charles de Ledesma reports a 7.1 magnitude quake has shaken Japan's Kyushu Island, and people are missing after a shopping center collapsed.
Would you approve a franchise tenant without knowing if they actually have enough cash to open their business?In Episode 95 of I Own A Shopping Center Now What, Beth Azor explains why reviewing a franchisee's financials is one of the most important responsibilities a shopping center owner has before signing a lease. Too often, landlords rely on the franchisor's approval process or simply collect financial statements without ever analyzing whether the tenant has the resources to successfully complete the build-out and operate the business.Beth shares real leasing situations where franchisees delayed providing financials, depended heavily on loans, or appeared financially strong on paper while lacking the cash needed to execute their commitments. She explains why cash liquidity matters more than inflated net worth, how to protect yourself with personal guarantees, letters of credit, and security deposits, and why landlords—not brokers or franchisors—must ultimately make the final financial decision.
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode, Ted Cooper shares over 40 years of real estate experience, including strategies for wealth building, managing risks, and leveraging relationships to succeed in the industry. In this episode, Ted shares his extensive experience in real estate investing, lease negotiations, property management, and strategic investments in pre-IPO companies. Discover practical insights on managing large portfolios, negotiating with tenants, and optimizing property value. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
On the KMOJ Morning Show, Lyneir Richardson joins Freddie Bell and Chantel Sings to discuss an innovative wealth-building opportunity that could transform commercial real estate ownership in North Minneapolis. As CEO of The Chicago TREND Corporation, Richardson explains how Hawthorn Crossings Shopping Center is being positioned as Minnesota's first community co-owned shopping center, giving local residents the chance to invest in and benefit from a major neighborhood asset. He highlights the importance of expanding access to commercial property ownership, which has traditionally been concentrated among a small percentage of investors, and shares details about special matching funds available to qualifying residents who live near the shopping center. The conversation also explores why North Minneapolis is poised for growth, how community ownership can help strengthen local economies, and what interested investors need to know before the July 31 deadline to become co-owners.
David Pelusio is based in Rochester NY where he specializes in converting abandoned department stores and shopping centers into drive-through, climate controlled storage. On today's show we are talking about the formula for these types of redevelopment projects. To connect with David, email him directly at davidrlc@rlcone.com.---------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
Could a direct conversation with a prospect or tenant save your next lease from falling apart?In Episode 94 of I Own A Shopping Center Now What, Beth Azor explains why shopping center owners must remain personally involved in the most important parts of their business, even when they have leasing brokers and property managers handling day-to-day operations.Beth shares how direct conversations with hesitant prospects can reveal concerns that brokers may not uncover and create opportunities for flexible lease structures, including percentage rent and sales-based termination rights. She also explains how personal relationships with tenants can improve rent collection, prevent balances from becoming unmanageable, and reduce avoidable vacancies.The lesson is simple: delegate the work, but never delegate all responsibility for your tenants, prospects, and multimillion-dollar asset.
It's been a minute since we've built a new shopping center in the Metro. Are they a thing of the past? Plus Jason wants to know your favorite dive bar on this National Dive Bar Day!
Tuesday 3pm Hour: Jason talks about the Maine senate candidate who's been charged with sexual assault and the Democrats who are scrambling to unendorse him when there were plenty of red flags to begin with. Why is it so hard to call out our own side politically? Then are shopping centers a thing of the past? And what's your favorite dive bar?
Is EV charging becoming an essential retail amenity?Electric vehicles have become impossible to ignore, but one of the biggest conversations isn't happening inside the car. It's happening in the parking lot.As EV adoption continues to grow, retail real estate is becoming an increasingly important part of the charging network. Chris Ressa sits down with Scott Levitan, Executive Vice President of Growth, and Lane Chaplin, Head of Real Estate and Retail Portfolio Partnerships at EVgo, to discuss what it really takes to build and operate one of the nation's largest public fast charging networks.Scott and Lane explain why shopping centers have emerged as the ideal home for fast charging, how customer behavior influences site selection, and why convenience means something entirely different in the EV world than it does at a traditional gas station. They also share how EVgo evaluates markets, partners with retailers and REITs, and navigates the challenges of permitting, utilities, and infrastructure that most consumers never see.The conversation also explores the current state of EV adoption, including charging costs, battery longevity, range improvements, and the growing used EV market that is making electric vehicles more accessible than ever. Along the way, Scott and Lane address many of the misconceptions that continue to shape public perception of EV ownership.For retail landlords, investors, and developers, the discussion offers valuable insight into what separates a sustainable charging operator from those that struggled during the industry's early years. From evaluating business models to understanding why some of the country's largest retailers and shopping center owners are expanding their EV strategies, this conversation highlights why charging infrastructure has become more than an amenity. It's becoming another way retail properties create value for both consumers and tenants.What You'll HearWhy shopping centers are becoming EV charging destinationsThe biggest myths about owning an electric vehicleWhy customer behavior drives site selectionHow EVgo chooses where to build nextWhat landlords should look for in a charging partnerWhy so many early charging companies failedThe rise of the used EV marketWhy the future of charging isn't the gas stationChapters00:00 — Welcome to EVgoMeet Scott Levitan and Lane Chaplin and learn how they entered the EV charging industry.03:14 — How EVgo is building the charging networkAn overview of EVgo's business and why retail real estate is central to its strategy.04:15 — Is owning an EV really cheaper?Charging costs, maintenance, range, and common misconceptions.08:27 — Why so many charging companies failedGovernment incentives, business models, and the industry's growing consolidation.11:36 — Charging standards and industry maturityHow compatibility has evolved and why standardization is improving.14:05 — The growth of the EV marketUsed EVs, battery durability, affordability, and where adoption is headed.23:42 — Why retail beats the gas station modelThe connection between charging time, dwell time, and shopping centers.30:15 — How EVgo chooses locationsMarket selection, customer demand, and building a nationwide network.35:14 — Rebuilding landlord trustLessons from early charging failures and what owners should look for today.38:45 — How long does an EV charging deal take?Construction timelines, utility delays, and power infrastructure.42:19 — Advice for retail landlordsChoosing the right charging partner and why sustainable business models matter.45:52 — What's next for EV charging?Why leading retailers and REITs are expanding their EV strategies
Commercial real estate offers unparalleled wealth-building opportunities, but executing a massive value-add strategy requires immense stamina, risk capital, and a clear vision. In this episode, we break down the acquisition and stabilization of Pirate Plaza, a 65,000 square foot shopping center in Oklahoma initially purchased at just $12 per square foot with only 30% occupancy.The discussion reveals the hard-fought lessons of navigating complex lease negotiations with national credit tenants like TJ Maxx and Harbor Freight, including the absolute necessity of hiring specialized legal and consulting teams. Furthermore, we explore the often-overlooked strategy of partnering with local city governments and economic development offices to secure vital project funding, such as forgivable loans, ensuring a profitable revitalization.KEY TOPICS DISCUSSEDValue-add commercial real estate acquisition and stabilization strategies.Transforming a 30% occupied retail center into a high-performing asset.The process of negotiating long-term leases with national credit tenants like TJ Maxx and Harbor Freight.Leveraging public-private partnerships to secure municipal funding and forgivable loans.The critical role of specialized commercial real estate attorneys and consultants in mitigating risk.Upgrading asset valuation through triple net leases and investment-grade tenant placement.KEY TAKEAWAYSVision acts as an investor's greatest competitive advantage when acquiring underperforming assets that require significant structural and tenant turnarounds.Securing national credit tenants is a complex, heavily scrutinized process that demands specialized legal representation to navigate 100-page leases and avoid leaving money on the table.City governments possess economic development budgets and tools like forgivable loans, making them highly valuable capital partners for community-enhancing commercial projects.The most lucrative real estate deals intentionally filter out competition through long timelines, high complexity, and substantial capital requirements.Surrounding yourself with expert advisors, from retail leasing attorneys to specialized lenders, acts as a critical force multiplier for successful commercial executions.CONNECT & TAKE ACTIONWealth Intelligence Brief: Text "WIB" to 844-447-1555 to get Matty's free macro data, real estate intel, and crypto signals delivered to your inbox 3 times a week.Imagos Income Fund: Text "INCOME" or "DEALS" to 844-447-1555 to learn more about Matty A's private debt fund targeting 10% fixed returns paid out monthly.
Should landlords trust a franchisor's approval process when replacing a failed franchise tenant? Beth Azor says absolutely not.In Episode 93 of I Own A Shopping Center Now What, Beth Azor breaks down the realities landlords face when franchise tenants struggle or fail. From declining sales and replacement franchisees to franchisor pressure and personal guarantees, Beth explains why landlords must independently evaluate every new operator instead of relying on franchisor approval alone.Drawing from decades of firsthand experience, Beth shares real examples involving restaurant and franchise operators who lacked industry experience, eventually failed, and left landlords exposed. She explains why franchisors are often incentivized differently than property owners, how replacement franchisees should be evaluated like startup businesses, and why landlords need to negotiate tougher protections when approving transfers.
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode, Mike Byrus shares his extensive experience in real estate investing, foreclosure processes, and business growth strategies. Discover insights on managing long sales cycles, leveraging networks, and scaling a real estate business effectively. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
For decades, the outlet trip had a familiar rhythm: get in the car, drive beyond the city, hunt for deals and come home with bags full of discounted finds. But that old model is giving way to something more layered. As retailers reinvest in store experiences to give consumers more reasons to visit, outlet centers are being reimagined as open-air destinations where food, wellness, entertainment and discovery sit alongside the promise of value. Tanger's recent acquisition of The Town Center at Levis Commons in Perrysburg, Ohio — its fourth open-air lifestyle center — puts that strategy into focus. For a company founded in outlet retail 45 years ago, the move signals how Tanger is expanding its portfolio, from refreshed outlet centers to full-price lifestyle destinations.What happens to the outlet model when shoppers still want value, but also expect food, entertainment, discovery and community?In this episode of Retail Refined, host Melissa Gonzalez speaks with Stephen Yalof, President and Chief Executive Officer of Tanger. Their conversation explores how Tanger is “lifestyling” its outlet centers, why food, beverage, wellness and entertainment are becoming central to the shopping experience, and how recent acquisitions — including Town Center at Levis Commons in Ohio — reflect Tanger's broader vision for open-air retail.What you'll learn…The outlet experience is shifting from transaction to destination. Yalof explains that outlet centers were once built around “power shopping,” but changing demographics and consumer expectations now require better food, entertainment, services and community-driven experiences.Physical retail and digital engagement are working together. Tanger uses loyalty, social media, digital messaging and local influencer partnerships to meet younger consumers where they are, while still giving them the in-person experience of seeing, feeling and trying products.Tanger is expanding its role in open-air, lifestyle-oriented retail. Through acquisitions such as Bridge Street Town Centre in Huntsville and Town Center at Levis Commons in Ohio, Tanger is applying its brand relationships, leasing, marketing and operations platforms to grow its presence in full-price lifestyle centers.Stephen Yalof is the President and Chief Executive Officer of Tanger, where he leads a portfolio of outlet and open-air lifestyle centers across the United States and Canada. He has spent his career at the intersection of retail and real estate, with leadership roles at Simon Premium Outlets, Ralph Lauren and Gap. He also serves as a Trustee of the International Council of Shopping Centers and sits on advisory boards for the Real Estate Roundtable and George Washington University's Center for Real Estate Studies.
Thinking about turning your vacant retail space into a food hall? Beth Azor says that could be a very expensive mistake.In Episode 92 of I Own A Shopping Center Now What, Beth Azor breaks down why the rapid rise of food halls across the country may not be the opportunity many shopping center owners believe it is. While food halls appear trendy and exciting, Beth explains that most owners dramatically underestimate the population density, foot traffic, operational costs, and tenant turnover required to make them successful.Drawing from real-world examples across cities like Miami, Birmingham, and Delray Beach, Beth shares why many food hall projects struggle financially despite major investment and strong initial excitement. From repeated tenant improvement costs to reliance on local operators instead of national-credit tenants, this episode highlights why food halls are rarely the simple solution to large retail vacancies.
Hello, Beautiful...I'm so grateful you're here with me. Step behind the shopping center for a quiet work break filled with subtle outdoor sounds and distant activity. This everyday ambience is perfect for studying, relaxing, or creating a calm background atmosphere. Let the stillness recharge your mind. Love,
Could your vacancies be sitting empty simply because nobody notices they exist?In Episode 91 of I Own A Shopping Center Now What, Beth Azor explains why signage is one of the most overlooked yet powerful tools in retail leasing. From “coming soon” banners for major tenants like J.Crew to creative billboard placements, elbow-space signage, and second-floor office visibility, Beth shares practical ways owners can dramatically increase leasing exposure and inbound interest.She walks through real examples where simple signage adjustments immediately generated more calls, stronger tenant pipelines, and greater awareness in the local market. Whether you own end caps, hidden office space, elbow vacancies, or hard-to-see retail opportunities, this episode highlights how strategic visibility can directly impact leasing performance and future deal flow.
Are you giving your leasing broker enough time to succeed, or holding on too long when it's clearly not working?In Episode 90 of I Own A Shopping Center Now What, I break down exactly how to manage, evaluate, and if necessary, replace third-party leasing brokers. Many owners either panic too early or wait far too long, and I explain why a minimum six-month runway is critical before expecting meaningful leasing traction, especially for the hardest-to-lease remaining vacancies.I also cover how to properly read activity reports, what healthy prospect pipelines should look like over time, and how to identify when your broker is actually doing the work versus just maintaining appearances. From diagnosing issues like pricing, tenant demand, and property positioning, to implementing a 30-day probation strategy, this episode gives you a clear framework for making smarter leasing decisions and improving results.
Key topics Resurgence of malls and entertainment concepts Grocery store evolution and value shopping Impact of AI and PropTech on retail real estate Consumer behavior shifts and proximity effects Revitalization strategies for dead malls Luxury retail trends and customer focus The role of pop-ups and short-term leases Global retail insights from China and Mexico Chapters 00:00 Introduction and Passion for Retail 02:57 The Evolution of Entertainment in Retail 05:36 Changing Consumer Relationships with Malls 08:18 The Grocery Landscape Transformation 10:46 The Rise of Discount Retailers 13:23 The Future of Drugstores 16:19 Department Stores: A Dying Concept? 18:52 Experiential Retail and Consumer Engagement 21:32 Emerging Retail Concepts and Trends 26:17 The Rise of Luckin Coffee 29:48 Consumer Expectations and Product Innovation 30:30 The Mall Experience in China 31:37 Food and Beverage Trends in Malls 33:13 Healthcare in Retail Spaces 33:57 The State of Luxury Retail 36:00 The Lightning Round Begins 42:44 Misconceptions in Retail Real Estate 44:29 Future Cities and Retail Opportunities 45:57 Pop-Ups: The Future of Retail Leasing
Retail real estate isn't dead; it's just evolving. In this episode, Matty A. breaks down why the "retail apocalypse" narrative was a costly lie and how smart investors are currently capitalizing on the strongest shopping center valuations in a decade. Listeners will learn which retail sectors are thriving—such as grocery-anchored and open-air centers. Matty A. also explains why big-box vacancies are actually massive opportunities for expanding national brands. Find out how you can position yourself before institutional capital fully re-enters the market and compresses cap rates. Plus, get the details on the newly launched Amogus Income Fund for passive debt investors. Episode Sponsored By:Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!FREE CRE Crash Course: Text “FREE” to 844-447-1555FREE Financial X-Ray: Text "XRAY" to 844-447-1555IIMAGOS INCOME FUND: Full Investor Presentation: Text “INCOME” to 844-447-1555
AP's Lisa Dwyer reports on a deadly shooting near Dallas.
What separates a broker who just lists your deal from one who actually gets it sold?In this episode, I walk through the exact questions I ask before hiring an investment sales broker—and trust me, it's not about who has the most listings. It's about who has the relationships, the database, and the ability to pick up the phone and bring real buyers to the table.A great broker is already working your deal before you even sign the listing agreement.Key TakeawaysStrong brokers know their buyer database down to the numberA solid CRM is essential for executing dealsRepeat buyers signal trust and consistent performanceThe best brokers start calling buyers before going to marketReferences from deals that didn't close reveal the truthVague answers are a red flag—data mattersPeer referrals are one of the most reliable ways to find talentRelationships and execution matter more than volumeIf you want top pricing and a smooth sale, don't just hire a broker—hire one who knows how to close.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Season 6, Episode 4: Season 6 of the No Cap Podcast continues with a deep dive into one of the most misunderstood sectors in commercial real estate. Jack and Alex sit down with Brian Finnegan, CEO of Brixmor Property Group, to unpack how grocery-anchored retail quietly became one of the most resilient asset classes in the market. From tenant mix and small shop economics to redevelopment-driven growth, Brian breaks down what actually drives performance in today's retail environment. He also explains how Brixmor has scaled its portfolio of open-air centers by focusing on necessity-based demand and adapting to shifting consumer behavior. They also get into the reality behind e-commerce, why new retail supply has nearly disappeared, and how omnichannel strategies are reshaping leasing, operations, and long-term value creation across the sector. Shoutout to our sponsor, Appfolio. The growth engine transforming how firms handle investor relations and distributions. TOPICS 00:00 – Introduction to Brian Finnegan and Brixmor Property Group 02:30 – Career Origins: From Litigation Support to Sales Skills 09:09 – Massive Growth and Strategic Shifts (2004–2006) 14:13 – Partnership with Anchor Tenants and Redevelopment Strategies 15:35 – The Economics of Small Shops vs. Anchor Tenants 17:13 – The "Genetics" and Formula of a Modern Retail Center 18:48 – Health, Wellness, and Fitness Trends in Retail 19:07 – The Growth of "Medtail" and Service-Based Tenants 42:51 – The Future of Shopping Centers and Community Impact 49:00 – Leadership, Culture, and Opening New Markets For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.
What if your vacancies aren't sitting because of the market—but because you're not visible in it?In this episode, I talk about what I see all the time in smaller markets. Owners assume there aren't enough tenants, but the real issue is they're not connected to the local business community. If you want to lease space faster, you need to start where you are—your own backyard.That means getting out of your office, walking the market, talking to local business owners, and building real relationships. Your next tenant is often already operating in your town—you just haven't met them yet.Key TakeawaysStart prospecting in your immediate community firstVisit local businesses and ask about expansion or referralsBuild relationships with chambers, hospitals, and local leadersGet involved—sponsor events and show up consistentlyTalk to your tenants—they're a great source of leadsFocus on local operators to eliminate market objectionsVisibility and repetition build trust over timeThe more present you are, the faster vacancies get filledIf you want to lease space in a smaller market, stop waiting for demand—go create it.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Er führt das Unternehmen, das 200 Shopping-Center weltweit managt: Alexander Otto. In dieser Folge gibt der Sohn des Versandhaus-Gründers Werner Otto seltene Einblicke in die ECE Gruppe, sein Leben zwischen Harvard und Hamburg sowie sein globales Portfolio. Warum macht sein Shoppingcenter in Istanbul trotz Währungskrise den meisten Umsatz? Wie steht es um die Kauflaune der Deutschen? Wie baut man 2000 Wohnungen in Kanada, während man in Deutschland an der Bürokratie verzweifelt? Alexander Otto erklärt, warum er das Segment Büro-Immobilien aktuell komplett eingestellt hat, wie Dynamic Pricing in Parkhäusern funktioniert, seine Investmentstrategie und seinen leidenschaftlichen Kampf für Olympia in Hamburg.
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this inspiring interview, Ken Wimberly shares his journey from military service to real estate and laundromat entrepreneurship. Discover how core values like love, humility, and perseverance shape his business and life philosophy, and learn practical lessons on tool development, relationship building, and following your purpose. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
Jaidyn Smith of Friedman Real Estate covers the intricacies of multi-tenant retail investment sales and shopping center value-add strategies. The Crexi Podcast connects commercial real estate (CRE) professionals with industry insights built for smart decision-making. In each episode, we explore the latest trends, innovations and opportunities shaping commercial real estate, because we believe knowledge should move at the speed of ambition and every conversation should empower professionals to act with greater clarity and confidence. Jaidyn Smith started her CRE career almost by accident (a friend's cold call changed the trajectory she thought she was on) and six years later she's closing multi-tenant shopping center deals for US and international investors across Michigan, Ohio, Texas, and beyond. She specializes in the kinds of transactions that require patience, creativity, and a willingness to stay on the phone when things go sideways. In this episode, Jaidyn joins host Shanti Ryle to talk about how she built her business from a list of KFCs and dollar stores, what actually happens between LOI and closing, why landlords currently have the upper hand, and what she sees coming for retail in 2026. Jaidyn Smith's background and path to Friedman Real Estate From radiology school to residential to commercial CRE The moment she knew commercial real estate was it Starting out in single tenant net lease: KFCs, Wendy's, Chase Banks What triple net leases taught her about the fundamentals The Family Dollar cold call that opened the door to shopping centers What that first client saw in her — and what she proved Joining Friedman Real Estate: resources, culture, and a new chapter Social media as a business development tool, not a vanity play The 1031 buyer who found her off-market deal through a single post Crexi Auction: price discovery, on-market exposure, expanded buyer pool Structuring the day: to-do lists, phones from 10 to 2, LOIs at end of day State of retail: vacancy at 4.6%, more openings than closings Concepts on the rise: pickleball, golf sims, and repurposed drug store boxes Top 40 MSAs, Texas development, and where she's expanding next Value add in practice: under-market rents, vacancies, cap ex, parking lots TI, free rent, and how landlords are getting creative to keep tenants Demand exceeds supply: landlords have the upper hand right now Bid-ask gaps and how to have the tough pricing conversation Between LOI and closing: estoppels, site visits, and surprises The burst pipe, the cockroaches, and the deals that closed anyway Working with international investors: eyes, ears, and boots on the ground How trust and follow-through build a repeat client base Women in CRE: underestimated, more visible, building community Co-founding Ladies Leading CRE with Chassidy Goolsby Advice for anyone entering commercial real estate: just get started Rapid fire: $50M, worst advice, and retail optimism About Jaidyn Smith: Jaidyn Smith is a nationally recognized commercial real estate advisor known for her relationship-driven approach and consistent execution across single-tenant net lease and multi-tenant retail investment sales. Over time, she has become increasingly focused on assisting investment sales clients with multi-tenant shopping centers, successfully completing a number of both on-market and off-market transactions. She works with U.S. and international investors on acquisitions and dispositions, advising on pricing strategy, timing, and long-term value creation. With a background in sales and investor advisory, Jaidyn is known for her responsiveness, negotiation skill, and ability to simplify complex transactions. Jaidyn remains deeply engaged in the commercial real estate community through ongoing education, investor seminars, and industry organizations, including ICSC, CREi, CREW and Ladies Leading CRE. She also volunteers with the Leader Dogs for the Blind, The Chaldean American Chamber of Commerce and the Entrepreneurs' Organization of Michigan. For show notes, past guests, and more CRE content, please check out Crexi's blog.Looking to stay ahead in commercial real estate? Visit Crexi to explore properties, analyze markets, and connect with opportunities nationwide. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi About Crexi:Crexi is reimagining commercial real estate with an AI-powered platform built to deliver smarter, more efficient solutions at every stage of the deal lifecycle. From real-time data and market insights with Crexi Intelligence, to targeted property marketing and seamless deal management through Crexi PRO, and a transparent, time-bound bidding experience with Crexi Auction— Crexi enables users to evaluate opportunities, maximize exposure, and close with speed and confidence. To date, Crexi has subsidized over $2.74 trillion in property value, 26 billion square feet listed, and supports a growing community of more than 23 million yearly users.
Are you running your shopping center like you're going to own it forever—or like you're hoping the buyer doesn't look too closely?In this episode, I talk about a mistake I see all the time with investors planning a quick flip. They buy a value-add center, lease up the vacancy, and plan to sell in a year or two—but they ignore the operations. Deferred maintenance, poor responsiveness, and cutting corners always show up during due diligence.Here's the reality: buyers are going to walk your property, inspect everything, and talk to your tenants. And when tenants start sharing frustrations—or hint they might leave—that becomes leverage for the buyer to retrade your deal.If you think a short hold period gives you permission to operate short-term, it doesn't. That mindset will cost you at the closing table.Key TakeawaysDeferred maintenance will always be uncovered—nothing stays hiddenBuyers use inspections to renegotiate pricingTenant interviews can directly impact your dealPoor landlord behavior shows up in your valuationShort-term ownership still requires long-term disciplineSmall fixes like landscaping and repairs protect valueStrong management builds buyer confidenceHow you operate today impacts your exit tomorrowIf you want top pricing when you sell, operate like a long-term owner—even if your plan is short-term.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Join an active community of RE investors here: https://linktr.ee/gabepetersenIN THIS EPISODE...
A lot! It's been a busy year at the largest mall in the Greater New Orleans area as Lakeside has welcomed one new retailer after another. As the regional director of retail leasing for the Feil Organization, New Orleans native Tricia Phillpott is the woman behind these wins — the person tasked with finding and securing new retailers. In this week's BizTalks, we chat about the mall's newest tenants, the art and science behind mall leasing, how Lakeside mall compares nationally and one interesting way it differs from any other.
#90: Skeery moved out of his old apartment and feels overwhelmed with settling in to his new place on his own as he has to literally do it all himself; Cher feels terrible for the airport TSA who aren't getting a paycheck and the American public who are bearing the brunt of the partial government shutdown; #CherKnows spring break tips to stay safe when travelling abroad and shares a story about getting robbed in Barcelona; Cher recounts a scary situation she went through while grocery shopping as a creepy man tried to lure her son Enzo to him.
Wed, Mar 25 3:24 PM → 5:49 PM A person called 9-1-1 to report that someone had left a hand grenade at Eden Center in Falls Church VA. Police responded and evacuated the area while explosive ordinance disposal teams swept for explosives. Radio Systems: - Arlington VA Trunked System
How do you quietly acquire 60 properties in one market before anyone else even realizes what you're doing?In this episode, I break down one of the smartest acquisition strategies I've heard—shared at a retail conference—and why it works so well. An investor mapped out 400 properties across a target area, raised capital, and then did something most people wouldn't think to do: they hired multiple brokerage teams aligned with the ownership demographics in that market. Within a year, they had quietly assembled 60 properties—using anonymous LLCs so no one caught on until it was too late.Here's the lesson: this wasn't luck. This was strategy.When you truly understand who owns the real estate, how they think, and how to approach them, you create leverage. When you layer that with the right brokers and keep your identity under wraps, you can move fast—without driving up pricing or alerting competitors.Key TakeawaysMap every property and owner before making your first moveAlign brokers with the ownership base you're targetingUse multiple teams to increase deal flow and speedBuy through LLCs to stay under the radarFarm your market with intention—not random dealsStart small, but think like a large-scale operatorMove early—once the market catches on, pricing shiftsThis is how you go from chasing deals… to controlling a market.If this episode sparked a new strategy for your acquisition playbook, make sure to subscribe and share it with another investor who needs to hear this. Smart operators move early and move strategically. And if there's a topic you'd like covered in a future episode of I Own A Shopping Center Now What, send it over — it might be next.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Retail tenant rep broker Tori Nook shares how she built Anchor Retail, closed $1B in deals, and what's driving Ohio's commercial real estate market. The Crexi Podcast connects commercial real estate (CRE) professionals with industry insights built for smart decision-making. In each episode, we explore the latest trends, innovations and opportunities shaping commercial real estate, because we believe knowledge should move at the speed of ambition and every conversation should empower professionals to act with greater clarity and confidence. Tori Nook has spent 26 years doing the work most brokers don't: driving unfamiliar markets, calling landlords who aren't listed anywhere, and building national rollout programs one relationship at a time. The result is over $1 billion in closed deals and a women-owned brokerage with offices in Cleveland and Columbus serving national credit tenants. In this episode, Tori joins host Shanti Ryle for a wide-ranging conversation covering her unconventional path into retail CRE, what it actually takes to succeed in tenant rep, why she was fired before starting her own firm, and what Ohio's tight retail market looks like from the ground right now. Welcome to The Crexi Podcast Tori Nook's bio and billion-dollar track record Fresh hall of fame news and finding time for life How a sophomore elective led to a CRE career Getting licensed at 19 and cycling through three brokerages The client who was impressed by a 24-hour callback Why tenant rep is not for the unorganized Get in the car: finding off-market deals no database can surface Cold calling into Dollar Tree and AutoZone rollouts Getting fired and launching Anchor Retail in the same breath Opening Columbus and co-founding Anchor Property Management Why Tori finally got on social media (and what it cost her not to sooner) The Houston dinner that turned into a major tenant rep account Why Tori doesn't cold call anymore — and hasn't had to Writing "Intuitive Certainty": business, spirituality, and ignoring the voice The difference between a boundary and fear in disguise Ohio's retail market: leased up, beverages booming, grocers arriving As-is deals, trimmed TI, and how tenants are staying competitive Where restaurants are struggling and why downtown hasn't recovered The Ohio pitch: low cost of living, high disposable income Rapid fire: $50M, bad advice, and a contrarian Midwest take About Tori Nook: Tori Nook is the Principal and Founder of Anchor Retail, a woman-owned brokerage firm specializing in tenant representation for national retailers and restaurants. With twenty-six years of experience, Tori has closed over $1 billion in deals and built long-term relationships with clients including AutoZone, Academy Sports, Dollar General, Signet Jewelers, PetSmart, Panera Bread, Wahlburgers, Bath & Body Works, Urban Air, Skechers, Sweetgreen, and Lands' End. Tori has been recognized as a Crain's Cleveland Business "Top 40 under 40," Notable Woman in Real Estate, and Notable Leader in Commercial Real Estate in Northeastern Ohio. She was awarded "The Mother of The Bread" by Panera Bread and named the #1 Tenant Rep broker in Columbus, Ohio, by TRADEWIRE Columbus in 2024. In the last few years, she was voted a "Top Woman Influencer" by CREi Summit (2025 & 2026), recognized as the #48 LinkedIn Influencer, and awarded GlobeSt 2025 Woman of Influence in Broker-Tenant Representation. Her book, Intuitive Certainty, releases in late 2026. A graduate of John Carroll University's Boler School of Business, Tori is licensed in Ohio and operates offices in Cleveland and Columbus. She serves on the board of Providence House, a crisis nursery in Cleveland, and is a member of the Realty Resources Network membership board and the International Council of Shopping Centers. For show notes, past guests, and more CRE content, please check out Crexi's blog.Looking to stay ahead in commercial real estate? Visit Crexi to explore properties, analyze markets, and connect with opportunities nationwide. Follow Crexi:https://www.crexi.com/ https://www.crexi.com/instagram https://www.crexi.com/facebook https://www.crexi.com/twitter https://www.crexi.com/linkedin https://www.youtube.com/crexi About Crexi:Crexi is reimagining commercial real estate with an AI-powered platform built to deliver smarter, more efficient solutions at every stage of the deal lifecycle. From real-time data and market insights with Crexi Intelligence, to targeted property marketing and seamless deal management through Crexi PRO, and a transparent, time-bound bidding experience with Crexi Auction— Crexi enables users to evaluate opportunities, maximize exposure, and close with speed and confidence. To date, Crexi has subsidized over $2.74 trillion in property value, 26 billion square feet listed, and supports a growing community of more than 23 million yearly users.
For Lyneir Richardson, seeing the value in people and places that others overlook has been the driving force of his career. He talks about revitalizing neighborhoods and wealth building through community-owned shopping centers. Lyneir is co-founder and CEO of The Chicago TREND Corporation.
Want to sharpen your leasing skills in five minutes a day? Here's one of my favorite shortcuts: follow the right people on Twitter.In this episode, I'm sharing exactly who I follow and why. From Strip Mall Guy and CRE Daily to Matt Bertram and The Shopping Center Lawyer, these are voices that keep me thinking, learning, and sometimes even debating. I don't agree with everyone 100% of the time—and that's the point. It sharpens your strategy.Whether you're prospecting, negotiating renewals, managing assets, or trying to stay ahead of market shifts, your feed can either distract you—or educate you. Mine educates me daily. I'll tell you who's worth your time, what kind of content I look for, and even what I screenshot and send to my team.Key Takeaways:Twitter can be a goldmine for CRE insights—if you curate it intentionally.Strip Mall Guy shares real-world deal stories with tactical lessons.Matt Bertram talks about retail leasing in a way most people won't.CRE Daily keeps you current on industry news in under a minute.The Shopping Center Lawyer makes lease clauses surprisingly digestible.Five minutes a day of intentional scrolling adds up fast.Screenshot smart insights and use them in team meetings or negotiations.The best operators in CRE are sharing ideas in real time—don't miss it.If you want to stay sharp, stay relevant, and stay competitive, start by curating your feed. The right voices will challenge you, inspire you, and sometimes even save you from making a mistake.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Are Cameras Protecting You—Or Putting You at Risk?Let's talk security. After dealing with a lawsuit tied to broken camera footage at one of my centers, I made a decision: No cameras on my properties. Why? Because if they don't work 100% of the time—and they rarely do—you're opening yourself up to liability, not avoiding it.In this episode, I break down why I don't install cameras, how I handle tenant requests, and the rare moments I do bring in security (spoiler: it's temporary, targeted, and passed through CAM). I also share what other landlords are doing differently—and why their choices may or may not make sense for your asset.Whether you're dealing with loitering, vagrancy, or 2AM tenant calls, I'll walk you through my real-life systems for staying safe, protecting your property, and reducing liability—without giving tenants a false sense of security.Key Takeaways:I don't install cameras—they create a false sense of safety and legal exposure.If you do have cameras, make sure they work 100% of the time—or don't bother.Tenants are welcome to install their own systems—and many do.When I use security, it's short-term, targeted, and always passed through CAM.In Florida, filing the No Trespassing form empowers the police to act.Tenant calls are taken more seriously than landlord calls—encourage them to report issues.Off-duty police during high-incident windows? Expensive, but sometimes necessary.Never remove existing security without legal advice—it could backfire.Every center is different. Suburban vs. urban, grocery-anchored vs. lifestyle—tailor your strategy.BECOME A COMMERCIAL REAL ESTATE ROCKSTAR: https://www.bethazor.com/https://www.azoracademy.com/For more commercial real estate training: https://www.bethazor.com/training/FOLLOW ME ON SOCIALFacebook: https://www.facebook.com/azoradvisoryservices/Twitter: https://twitter.com/bethazor1Instagram: https://www.instagram.com/bethazor/Linkedin: https://www.linkedin.com/company/6315636/#retailleasing #commercialrealestateinvesting #retailleasingcoach #bethazor
Americans have a glum view of the economy, but that is not expected to affect their consumer spending as holiday shopping kicks off. According to a recent Fox News survey, 76% of Americans have a negative view of the economy. At the end of President Joe Biden's term, this number was 70%. Yet while Americans appear to be losing faith in the vitality of the U.S. economy, they don't plan on slowing their own holiday shopping habits. The International Council of Shopping Centers reports that between Thanksgiving Day and Cyber Monday, 235 million American adults are expected to spend $127 billion, for an average of $542 a person—a $13 increase from the average spent over the long holiday weekend last year. Millennials are projected to be the biggest spenders, with the International Council of Shopping Center estimating the generation born between 1981 and 1996 will drop an average of $764 a person during the five-day shopping period. So what's the disconnect? Why do the same Americans who feel the economy is flooding appear to feel good enough about their personal bank account to go out and drop several hundred dollars in just a few days? Nicole Huyer, a senior research associate in The Heritage Foundation's Thomas A. Roe Institute for Economic Policy Studies, joins this week's edition of “Problematic Women” to discuss. Also on today's show, we discuss spending differences between men and women. Plus, will New York City-Mayor elect Zohran Mamdani actually be able to implement his socialist wish list in the Big Apple? And if he can, what will that mean not only for New York City's economy, but the economic health of the nation. Catch the conversation on this week's edition of “Problematic Women.” 00:00 Welcome! 02:16 Generational Shopping Habit 11:20 Trump and Elon are Back? 19:02 Economic Long Game vs. Short Term Gains 20:28 Zohran Mamdani and NYC's Affordability Crisis 28:50 Christmas Season Begins 34:13 Final Thoughts and Farewell Connect with our hosts on socials! Elise McCue X: https://x.com/intent/user?screen_name=EliseMcCue Instagram: https://www.instagram.com/elisemccueofficial/ Virginia Allen: X: https://x.com/intent/user?screen_name=Virginia_Allen5 Instagram: https://www.instagram.com/virginiaallenofficial/ Morgonn McMichael: X: https://x.com/intent/user?screen_name=morgonnm Instagram: https://www.instagram.com/morgonnm/ Keep Up With The Daily Signal Sign up for our email newsletters: https://www.dailysignal.com/email Subscribe to our other shows: The Tony Kinnett Cast: https://megaphone.link/THEDAILYSIGNAL2284199939 The Signal Sitdown: https://megaphone.link/THEDAILYSIGNAL2026390376 Problematic Women: https://megaphone.link/THEDAILYSIGNAL7765680741 Victor Davis Hanson: https://megaphone.link/THEDAILYSIGNAL9809784327 Follow The Daily Signal: X: https://x.com/intent/user?screen_name=DailySignal Instagram: https://www.instagram.com/thedailysignal/ Facebook: https://www.facebook.com/TheDailySignalNews/ Truth Social: https://truthsocial.com/@DailySignal YouTube: https://www.youtube.com/dailysignal?sub_confirmation=1 Subscribe on your favorite podcast platform and never miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices