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retail: Big boxes shrink their parking lots - 01/22/10 09:47 AM
This is not a new concept and many shopping centers and strip centers have been taking advantage of their surplus of parking lot area. You can see the space at Radford Hills being developed for a Pizza Inn. Even uses like ATM's and Water receptacles that take up a smaller footprint have been popping up for years.
You can expect to see more of this type of development by established businesses looking to raise cash with surplus property.
- Erik Johnson
Parking Spaces for Sale: No Carryout Allowed.
By Steve McLinden
Well, that may not be quite the way Home Depot … (1 comments)
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retail: A Fannie Mae for retail centers? - 01/22/10 09:41 AM
This could give a boost to retail development if this action were to pass.
- Erik
A Fannie Mae for retail centers?
A federally chartered, privately funded loan guarantee program could help turn capital spigots back on for retail real estate, observers speculate. Such a program could mimic the apartment-financing program Fannie Mae ran successfully for 20 years.
"Whatever its shortcomings in the single-family mortgage business, Fannie Mae has developed a highly effective program," wrote George Gellman, chairman of The Benchmark Group of Cos., in a white paper for ICSC.
Fannie Mae works like this: A developer goes to a Fannie … (1 comments)
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retail: 117 Foot Locker stores close - 01/22/10 09:34 AM
Retail fallout continues in 2010
- Erik Johnson
RETAILING TODAY
Foot Locker Inc. will close 117 stores this month, most of them Foot Locker and Lady Foot Locker units in the U.S. In all, the company, which operates 3,600 stores in 21 countries, will have shut 190 stores during the fiscal year ended Jan. 30.
… (0 comments)
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retail: Experts: Retail Deals Getting Done - 12/02/09 10:38 AM
The article is somewhat surprising to me. After attending the ICSC in San Antonio in October, it seemed to have low attendance (2,500+/-) and the mood was fairly sedate. Abilene has been flat in the retail sector with restaurants leading. Office and Industrial have both seen more action. - Erik Experts: Retail Deals Getting Done ALLEN, TX-It’s not news that the past year has seen retail take a huge hit in terms of leasing. But for every big box that goes dark and every tenant that is begging for relief from a landlord, experts tell GlobeSt.com that others are signing up … (0 comments)
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retail: SAN ANTONIO - RETAIL RENTS FALL - 11/24/09 09:08 AM
In Abilene we are still spread between $10 - $15 p/s/f p/yr for B, B+ space and $13 - $18 for A, A+ space. There are some vacancies to be filled in most of the shopping centers and opportunities are available for Retailers. Now is the time to update your business plan and talk to some Landlords and Brokers about getting in to some of the great locations around town.
- Erik Johnson
SA RETAIL RENTS FALL
SAN ANTONIO (San Antonio Express-News) - After slight increases in retail rents in the first two quarters of 2009, asking annual rents fell 42 … (0 comments)
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retail: Texas Conference and Deal Making - 10/13/09 09:44 AM
Looking forward to the Texas ICSC conference in San Antonio.
- Erik Johnson
Date: 2 - 4 November, 2009 LocationHenry B. Gonzalez Convention Center200 E Market StSan Antonio, TX 78205-2784
The Retailer Roundup will provide an opportunity for retailers to discuss their future business plans and, most importantly, increase visibility and networking contacts with shopping center owners and developers.
… (0 comments)
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retail: Texas Retail Market Stronger Than Most - 05/15/09 10:54 AM
Texas Retail Market Stronger Than Most, But Adjusts To Change
by David Sorter* for REDNews"Thank goodness we're in Texas."
Weitzman Group managing partner Bob Young may not have been sent to spread that message, but his sentiments are echoed throughout the state among those involved in retail development.
Though retail development and leasing certainly have been affected by the ongoing recession, with many major projects having been put on hold because developers can't find financing, brokers, developers and owners all say the downturn in development and leasing is much less brutal than it is in California, Florida, Arizona and the Great … (0 comments)
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retail: in the NEWS - Abilene Biz Story: Abilene companies lay off nearly 70 - 01/29/09 01:15 PM
Abilene companies lay off nearly 70
December unemployment figures remain stable
By Sidney Levesque (Contact)Friday, January 23, 2009
Three Abilene companies that work with boilers have laid off nearly 70 people.
Rentech Boiler Systems eliminated 12 jobs, Rentech Boiler Services cut 25, and Frontier Welded Products laid off about 30, according to Robert Puls, business development consultant for Workforce Solutions of West Central Texas and Mark Colman with Rentech Boiler Systems.
Puls said Workforce Solutions learned of the layoffs Friday.
The layoffs represent about 25 percent of the total work force among the three companies, said Colman, vice president and … (0 comments)
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Erik Johnson, CCIM
Abilene,
TX
More about me…
Paul Johnson and Associates
Address: 4633 South 14th, Abilene, TX, 79605
Office Phone: (325) 698-5661 x 15
Email Me
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