Retail Chatr

Tweet Nothing says "I’ve never seen the property I am selling” more than a crappy Google Maps picture in your marketing materials.

Tweet The retail investment market has really changed since I first started living the business. I consider myself relatively new to the commercial real estate arena, so every day I try to challenge myself to learn, understand, or question something that involves retail commercial RE. It seems over the last year, especially most recently, everyone [...]

Tweet I recently received a marketing email for a vacant restaurant building in Las Vegas.  The very first “selling point” was as follows: FDIC Owned! I see these type of statements all the time now and I just wanted to make a few comments on the matter. My question is simply this: Why does the [...]

Tweet I was just looking through the list of the 145 stores in which Blockbuster will be cancelling leases and closing as an initial step in their bankruptcy process.  The list shows the monthly rent for each of these locations.  A few of the rental figures caught my attention as being inordinately high and I [...]

Tweet I just noticed this just published press release with a sole purpose of announcing the promotion of a CRE broker at a local CRE brokerage company from Vice President to Senior Vice President.  I have already posted my thoughts on titles at CRE brokerages.  Needless to say, I think they are meaningless.

Tweet In a post on the CRE blog Agent Genius this past Monday morning, author Duke Long listed what he believes are 32 key commercial real estate sites with which everyone should be familiar.  Notably absent from Duke’s list is CoStar.  No big deal.  Unless you work for CoStar, that is.  A CoStar employee named [...]

Tweet I have been asked by more than a handful of friends and colleagues to write a post on a specific listing in Simi Valley, CA that was recently brought to market by CBRE. I decided to put my thoughts in writing and attempt to explain how exactly I would break this particular deal down [...]

Tweet Just this past week (on April 21st) my buddies from the Commercial REO Brokers Association (CREOBA) were holding court in my back yard – and I missed it!  In looking over the email announcement it appears the main topic of the event (other than networking with the key movers and shakers in commercial REO???) [...]

Tweet Yesterday, John Reeder wrote a post on Marketwise titled "There’s No Debt Available, Even for Good Deals."  In the post he pokes fun at the masses crying about the lack of available debt and makes the point that the only reason they can’t get debt is because the deals suck.  This may be true [...]

Tweet The following is the content of my first blog post on the newest website to enter the CRE news community, MARKETWI.SE.  I will be contributing regularly to MARKETWI.SE and may even cross-post everything I write hear to MARKETWI.SE.  I haven’t decided yet.  What this means to you is that you will now have to [...]

Tweet Andrew Zezas, author of the blog Corporate Advisor recently published a post about a couple of brokers operating on the wrong side of the line.  You can read his post here.  In this day and age, how does someone think they can get away with shady practices without being called out in a very [...]

Tweet That is a pretty broad question.  I can’t say for sure for every single product type nor do I really care about CAP Rate trends for multi-tenant office/industrial/multi-family/etc. buildings in the midwest/south/east/etc.  I can make an intelligent guess and say no, CAP Rates are not heading back down, they are continuing to rise – [...]

Tweet This post is a short follow-up post to the one I wrote on February 5th about the marketing email I received stating the price would be reduced by $150,000 every two weeks until the property was sold.  True to his word, Mr. Pollard has reduced the offering price of the property by $300,000 (per [...]

Tweet I’m not sure I have the words to describe this.  I will say that I am constantly amazed at how many people operate in our industry that have absolutely no clue what they are doing. WTF?  In 19 weeks the property should be free! How exactly does this headline help get this property sold?  [...]

Tweet This is a quick (7 minute) video by Carmine Gallo outlining why Steve Jobs is such a captivating speaker.  There is nothing earth shattering here but sometimes it is the simple things that make all the difference.  I could not help but think about how this relates to how I present to both sellers [...]