By Joel Groover Contributor, Shopping Centers Today As supermarket chains race to offer last-mile fulfillment of online orders, they are leveraging one strategic advantage in particular: their own stores, which…
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At its core, the way we make money is simple: We sign leases with tenants, get their registers ringing and pocket the rents. Ever wonder, then, why leasing is such…
This past June, a Utah newspaper reported that Amazon planned to spend $200 million on a single Salt Lake City distribution center. That was a record amount, but not all…
by Joel Groover Shopping Centers Today Magazine In the waning months of 2017, economic forecasters saw plenty of reason for optimism about the year ahead. In a November report, Kiplinger,…
When TheRealReal did a New York pop-up store last year, it raked in $2 million in just two weeks. That happens when you sell brands like Christian Louboutin, Cartier, Chanel…
Earlier this week we joined The Shopping Center Group at their all-hands University where we discussed innovation and disruption facing retail real estate. Headwinds are both cyclical and secular, but…
Shopping Centers Today by Joel Groover Offering delivery by third-party startups might just be the fastest-moving trend in retail of late. Over the past few months, such chains as Aldi,…
Founded in 1887, Kamehameha Schools’ endowment supports the education of 48,000 learners of Hawaiian ancestry. The KS estate is comprised of more than 363,000 acres of land in Hawaii and…
Several first-time-physical locations, a new Lidl and Walmart’s Innovation Store in Lake Nona. ….. NYC Retail, July 2017 Overall Takeaways: The number of legitimate retail corridors in NYC has ballooned….
Yesterday, Alexander & Baldwin (NYSE: ALEX) announced their election of REIT status. In concert with this change, they announced the appointment of Jim Mead as CFO and Tom Lewis as a new board member….
The best retailers aren’t just surviving, they’re thriving. But what makes the difference? How do you know you’re making the right decision when you invest in a tenant in your…
When does it make sense for retailers to own the shopping centers they occupy? James talks to Rachel Elias Wein of WeinPlus to answer that question. Also, economist Ryan…
By Joel Groover SCT Magazine May, 2017 Speculation about the real estate role of Amazon.com is growing as more information emerges about its closely held plans for U.S. stores. In…
When will West Elm stop emailing me about leaving something in my online cart because they can’t figure out I bought it in the store? Please let it be soon….
If you missed it live (or just can’t get enough) here’s our take on the CRE impacts of The Sharing Economy, Automotive Disruption, and Customer Experience. From The University of…
As we welcome the new year, we’re reminded of what matters most. Family, friends and colleagues near and far. We hope you’re well rested from the happiest of holidays and…
Pebb Enterprises picks itself up after the loss of seven employees in a plane crash By: Joel Groover Pebb Enterprisesâ growth over the past year would be notable even under…
This past June, a Utah newspaper reported that Amazon planned to spend $200 million on a single Salt Lake City distribution center. That was a record amount, but not all…
Pebb Enterprisesâ growth over the past year would be notable even under normal circumstances. The Boca Raton, Fla.âbased company â a private equity investor known for turnarounds of distressed shopping…
What if you could change the value of your enterprise by accessing and monetizing assets you have but largely ignore? When the CEO of a major multifamily and CRE company was asked…
When people think about strategy, they often ask what should we do? But itâs just as important to inquire in the other direction: what should we stop doing? This can…
This month we say take a closer look at how Marvin Ellison has focused his turnaround of J.C. Penney on what they’re Not doing. The punchline â it’s working.  We hope…
This month we say E Komo Mai to Alexander & Baldwin (NYSE: ALEX). Founded in 1870, Alexander & Baldwin is a premier Hawaii company, with interests in commercial real estate, real estate…
Strong demand and restrained construction are driving up shopping center revenues by Joel Groover Shopping Centers Today, July 2016 Headlines sound the drumbeat about “the death of the American mall”…
On a recent trip to New York we wandered into the Peloton store/cafe/recording studio in Chelsea. For those of you unfamiliar withPeloton, it’s a great mix of eTail, retail and…
Retailers tout the ways physical stores help support their online sales, but the relationship can work the other way too â online channels may drive traffic and sales at brick-and-mortar…
Growth brings complexityâand complexity is the No. 1 culprit in stagnation. But this doesnât mean established companies have to lose the startup mindset and turn sluggish with time. Nor do startups…
If you were starting your business today, how would you do it differently? Much has been made about the founder’s mentality and how it can be used to help companies…
In what has become a recurring nightmare for me, I give you the Tampa Airport renovation in light of new Uber stats. In Q4 2015, business travelers using Uber surpassed those using rental…
Is it the sixth inning? Maybe itâs the ninth? In conversations of late, Iâve sensed an edge of concern among industry professionals. While I do love baseball (Go Rays), I…
In last month’s newsletter, we focused on the potential for Big Data to overthrow timeworn assumptions. A new program by Foursquare is the latest example of how this data renaissance…
If you missed our panel on Big Data’s impact on the built environment, you can watch it here.
By Joel Groover Ramping up convenience via smaller stores and showrooms. In response to the fiscal crisis of 2008, many retailers focused on slashing prices in their existing stores or…
This month we’re exploring how Big Data is impacting real estate and retail as a means of questioning timeworn assumptions. Ourpost looks at how some companies are finding success in…
Questioning timeworn assumptions in the age of Big Data These days, some retailers are almost too good at extracting information about their customers [remember the story about how Target is…
How will the disruptive forces of today change the built environment tomorrow? Take the trend toward health, wellness, beauty and fitness (HWBF). When The Sembler Company, one of the most…
This month we’re highlighting the significant impact health, beauty, wellness and fitness have had on the real estate industry recently. I’m going to make a prediction that health and wellness…
Our monthly newsletter is silent this month as we mourn with Pebb Enterprises and the families of Jared Weiner, Ori Rom, Thomas Virgin, Diane Smoot, Gary Shapiro, Diana Suriel and…
We’re just back from the Urban Land Institute’s Fall Meeting in San Francisco. A special thank you to the CRC Silver Council for inviting Rachel to speak on Transitions in…
Is tech finally poised to deliverâyour groceries? Visions of ecommerce-driven drive-thrus, pickup zones, delivery vans and the like have popped up in the grocery sector for at least the past…
MILLENNIALS arenât wealthy, but thatâs no reason to ignore them â they still like spending money, ICSC research reveals. By: Joel Groover When it comes to Millennials and retail, two…
If youâre like me, youâre skeptical of those who claim to have all the answers about the future. What does make sense is a willingness to ask hard questions and…
Thank you all for your patience during our summer leave while we welcomed our newest associate. By now he’s mastered pivot tables and can almost roll over. Â With all that…
Grocery may not be disrupted in the way we feared years ago, with Amazon Fresh opening up in Santa Fe, but there’s still plenty of room for disruption. The traditional…
This month we were particularly impressed by a mother-friendly initiative announced by Vodaphone Group. In order to help working mothers transition back to full time, among other benefits, the first six months…
Hispanic incomes are soaring, leading more developers and retailers to target the burgeoning ethnic group. Arturo Sneider, co-founding partner and CEO of Los Angelesâbased Primestor Development, recalls a time when shopping centers that focused on Latinos were at square one.
Video showcasing the power of social and mobile. Created by best selling author and keynote speaker Erik Qualman (@equalman). More information at http://www.equalman.com. Data from #1 Best Selling book #Socialnomics by…
Several retailers are being more responsive to consumers and local markets with specialized merchandising. This isn’t new, but we’re seeing some do it in a different way.
PEBB Enterprises is a Boca Raton, Florida based real estate investment, development and management company with a portfolio of premier office and retail properties in Florida and nation-wide. This private, family owned…
In an effort to only operate offices in remote corners of the globe, we’re packing up the St. Petersburg (not Russia) office to head to Wellington (not Florida) through December…
