Seritage's repositioning of the historic Sears building in Santa Monica has unfortunate timing. What's more, retail and office have changed so dramatically that it's unclear if this project works in a post-COVID19 world. Read here where I am interviewed by the Los...
What’s New Articles
Is Amazon Right for the Mall?
New York, Boston, Los Angeles, San Francisco and South Florida will remain attractive for e-commerce retailers in the long term due to outsized buying power, according to CoStar. With e-commerce having overshadowed the retail sector during the stay at home...
Target and Walmart Deliver Impressive Omnichannel Results
Target and Walmart delivered impressive results for their platform businesses, fueled by COVID-19 induced changes in how we acquire goods. Read more in the attached Costar article.
SF Changes Course to Promote Retail Resiliency
San Francisco has long promoted restrictions to protect the character of its neighborhood shopping districts. CV-19 has given the City a reason to shift course. Click here to read a recent Costar article.
TruLocal Goes Live!
I am proud to announce that TruLocal, a new community-focused, e-commerce company that empowers local businesses and communities to thrive that I have been involved with as an advisor since its inception, announced the launch of its digital marketplace that enables...
When Tenants Won’t Help Themselves
The COVID-19 pandemic and subsequent widespread orders to close theaters, retailers and restaurants – or severely restrict their operations – are forcing landlords and tenants to the negotiating table to figure out a way to survive, yet some tenants see the pandemic...
Closed Again: California Businesses And Retail Owners Ask What’s Next
Greensfelder Real Estate Strategy Managing Principal David Greensfelder said the governor's new orders could create negative economic conditions for brick-and-mortar retail, which was already struggling pre-coronavirus. Greensfelder said one thing he found interesting...
California Resumes Retail Restrictions
California's indoor and leisure properties are being closed again. Click here to download the Costar article.
Who Will Pay for Shopping Center Safety Measures?
COVID-19 safety accouterments come at a price. Little leaguers are practicing, traffic congestion is returning, patrons are dining and drinking on restaurant patios and shoppers are venturing into nonessential stores. But reminders that times are not normal...
Fretting Over New Wave of Business Closings
As coronavirus cases surge in states like Texas, Florida and California, some phased reopenings are stalling or even being reversed, leaving businesses and property owners uncertain about their future viability. Download a PDF of the article here.