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 and [...]
I just had to post this. I just closed a Fresh & Easy ground lease that was purchased by Fresh & Easy on 12/31/09. Earlier today, we sent out an email blast announcing the sale of the property. I received the following email (with his attorney cc’d as well) from UK transplant Tom Scorer, Real [...]
The image below is from an email blast sent out by a brokerage firm selling a retail property in Southern California. Really, “Cooperating Broker Fee Offered” is your number #1 selling point? I have cropped out the distinguishing portions of the image to protect the identity of the offending brokerage. Last time I checked, offering [...]
I have just been notified, via Twitter that CNRPA is now following me. So I go to check out who CNRPA is and I find the Commercial National REO Professionals Association! Anyone who has read this blog for any amount of time will understand when I say I can’t remember the last time I was [...]
Just got this email from a friend this morning. Not much commentary necessary other than to say that a picture is worth 1,000 words. Here’s the email: I don’t know if you got this loopnet blast but it is one of the funniest things I have ever seen. Below are two different blasts that this [...]
Here is an email flyer I got yesterday. These guys are trying to sell 30 acres of raw land for commercial development in Murrieta in a “C” location (on its best day). Who is buying 30 acres for commercial development in Murrieta right now? I don’t know anyone with that strategy in their business plan. [...]
I just got the email below from NNNEX, a listing website I have always liked for its simplicity and ease of use. It does one thing and does it well: a Craigslist of retail investment properties, if you will. The message is a very powerful one. It is just too bad most people in commercial [...]
I’ve put together a list of the top 10 phrases that I have not heard for quite some time from developers. Please feel free to add any others you come up with in the comments. #10 "I’m a preferred developer for Rite Aid." #9 "We have excellent banking relationships, financing is not an issue." #8 [...]
This morning, CoStar published an article entitled Institutional Investors Throwing Big Money Around Class A Quality Retail Property. The article highlights several recent large transactions that have taken place and interviews guys from CBRE, Marcus & Millichap and Jones Lange LaSalle for opinions. A few of the points/quotes caught my attention and I thought I’d [...]
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Brokerage,
CAP Rate,
capitalization rate,
CB Richard Ellis,
Commercial Real Estate,
commercial rental rates,
economic recovery,
Jones Lange LaSalle,
Marcus & Millichap,
multi-tenant shopping center,
Retail,
retail center,
retail property,
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So today I decided to go check out the grand opening of the Microsoft retail store at Simon’s Shops at Mission Viejo. I must say the store is impressive but the design does remind me of another retail store but I just can’t quite put my finger on which store that might be….. The store [...]