City of Martinez’s Post

Recent report shows that demand for retail space in Atlanta is outpacing the supply. Read more here >>> #CREatl #ATLcre #Atlanta #RetailCRE #AtlantaRetail #CREnews #AtlantaNews #CREatlTrends

🛍️ Monday Market Insights - Melbourne’s & Victoria’s Retail Scene 🛍️ According to the 2023/24 Large Format Retail Directory prepared by Deep End Services, the top 10 occupiers by floor space which includes Bunnings Warehouse, Harvey Norman, and JB Hi-Fi, account for over over 2.2million sqm of LFR floor space. With Bunnings alone occupying over 650,000sqm nationally. These anchor retailers have proven to be critical in driving customer footfall and boosting the retail ecosystem, particularly more so in the large multi-tenanted homemaker centres of 20,000sqm or greater. To stay competitive in Melbourne’s evolving retail landscape, stay tuned for more insights and updates in our upcoming posts! #RetailProperty #MarketInsights #EconomicUpdate

🔔 San Diego's retail market remains robust! Despite the recent closure of 99 Cents Only stores, the availability rate is at a low of 4.7%, one of the lowest in 15 years. Small-box spaces are in high demand, making up over 50% of the leasing volume. Meanwhile, service and food-and-beverage retailers are expanding their footprint, now representing nearly 45% of leasing activity. However, big-box spaces are seeing less action, with limited availability for high-quality spaces. 🏢💡 For more details on this, check out the full article: https://lnkd.in/gquFnKH9 (Note: Article is behind a Members only login). Whether you're looking for a commercial property, or your next home, we're here to help guide you through the process - contact us today! AJ George DRE# 01353648 [email protected] 858-598-3589 AJGeorge.com . . . . #AJGeorgeResimercial #ResimercialRealEstate #ResimercialRealtor #RealEstateUpdate #RealEstateNews #RetailRealEstate #RetailLeasing #SanDiegoRealEstate #CommercialLeaseSpace #CommercialRealEstateMarket #SanDiegoMarketTrends

Navigating success in an evolving retail landscape 🏘 The retail sector has experienced profound changes over the past decade, and particularly in the last five years and everyone involved in this sector, landlords and property professionals included, need to stay abreast of the shifting trends to remain successful in this sector and capitalise on new opportunities. 📃 The traditional model of merely opening shop doors in a high-footfall area and stocking shelves with popular items has evolved into a more complex, dynamic ecosystem driven by technological advancements, shifting consumer behaviours and innovative business strategies. #property #properties #propertynews #ferndale 📚 Read more on the link below ⬇️ https://lnkd.in/ddka9eQY

Commercial Real Estate update (Retail) 05.30.24 The international 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞 annual conference on retail wrapped up last week and the consensus overall seems to be one of 𝐨𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐬𝐭𝐚𝐭𝐞 𝐨𝐟 𝐫𝐞𝐭𝐚𝐢𝐥 𝐜𝐞𝐧𝐭𝐞𝐫𝐬 𝐚𝐧𝐝 𝐫𝐞𝐭𝐚𝐢𝐥 𝐢𝐧 𝐠𝐞𝐧𝐞𝐫𝐚𝐥 (with exceptions).....The 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬 or rather the cost of borrowing at the existing interest rates continues to delay new ground-up projects due to the associated costs thus existing 𝐨𝐰𝐧𝐞𝐫𝐬 𝐨𝐟 𝐫𝐞𝐭𝐚𝐢𝐥 𝐜𝐞𝐧𝐭𝐞𝐫𝐬 𝐡𝐚𝐯𝐞 𝐭𝐡𝐞 𝐮𝐩𝐩𝐞𝐫 𝐡𝐚𝐧𝐝 if they have great centers with spaces for lease....𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐫𝐞𝐭𝐚𝐢𝐥𝐞𝐫𝐬 must try to secure the best locations they can find, if any, so 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐠𝐫𝐞𝐚𝐭 𝐬𝐩𝐚𝐜𝐞𝐬 is prevalent. For some, the preference is to 𝐬𝐢𝐠𝐧 𝐬𝐡𝐨𝐫𝐭𝐞𝐫 𝐥𝐞𝐚𝐬𝐞𝐬 𝐨𝐯𝐞𝐫 𝐥𝐨𝐧𝐠 for added flexibility..... 𝐑𝐞𝐭𝐚𝐢𝐥𝐞𝐫𝐬 𝐚𝐫𝐞 paying attention to consumers' shopping preferences and 𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐬𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞..... Some of the “hot” retail concepts seem to revolve around 𝐞𝐧𝐭𝐞𝐫𝐭𝐚𝐢𝐧𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐭𝐢𝐚𝐥 𝐫𝐞𝐭𝐚𝐢𝐥. There didn’t seem to be an increase in pet retailing but an increase in grocery retailing, health & wellness and food concepts. #retailtrends #retailrealestate #retailing #commercialrealestate #icsc #icscrecon #retailconstruction #retailland

Mirroring trends seen nationally, available retail space in Hampton Roads continues to be hard to come by. Despite an uptick in construction activity over the past 12 months, much of this space has been accounted for, pointing to continued tightness over the near term. In my most recent article, I explain where availability is the tightest in the Hampton Roads and the retail segments driving these trends. CoStar subscribers can read more of my thoughts on this #retail trend happening in #HamptonRoads via the link below:

Omaha’s retail property market is extremely tight, with only 3.4% of space available for lease—well below the U.S. average. A key reason for this shortage is a lack of new construction over the last 15 years. Key takeaways: -Nearly 50% reduction in available retail space over the past decade. -60% of available space is in older properties, with newer Class A spaces becoming scarce. -Retailers targeting higher-income areas face even fewer options, as only 30% of space meets this demand. #Retail #RealEstate #Omaha #CommercialProperty #RetailTrends

Louisville Metro RETAIL Trends for August - Reported activity for Retail Property by KCREA was relatively stable from July to August. Inventory levels for both properties for Sale and for Lease did not change much. Reported Sales was also stable although Reported Leasing was down a bit. At August activity levels and current inventory, this would amount to approximately 22 months of properties for sale and about 49 months of properties for lease. I am expecting overall activity in Commercial Real Estate to slow and take a "pause" as people try to anticipate how the upcoming election may affect business. For retail properties, we are entering into the time of year that is normally quiet anyway. So that is probably especially true in the retail sector. #CommercialRealEstate #RealEstate #RetailTrends #CommercialRealEstateTrends #LouisvilleKY #CommercialBroker #Retail #OtimoProperties

Louisville Retail Trends for March - KCREA reported Sales of Retail properties in Jefferson County increased while reported Leases declined significantly. At the same time, the number of Retail properties listed for Sale in Jefferson County increased by nearly 5% while the number of Retail properties listed for Lease decreased by 12%. Based upon March activity, this would translate to an inventory of approximately 15.8 months for Properties listed for Sale and 31 months for properties listed for Lease. #RetailTrends #Economy #commercialrealestate #CommercialRealEstateTrends #louisvilleky #otimoproperties #RealEstate