Mixing Digital Commerce with Brick-and-Mortar Retail

Retailers in Philadelphia and around the Northeast are driving traffic and sales by deftly combining the best of both worlds—online and “IRL” (in real life). Don’t be intimidated by all of the jargon—”multi-channel,” “omnichannel,” “BOPIS” and everything in between. At Equity Retail Brokers, we agree with the view expressed by Steve Dennis, a retail consultant […]

Tenants want rent relief – how are landlords reacting?

As a full-service brokerage firm that represents retail landlords and tenants alike, we remain in touch with our clients on a daily basis. A hot topic is rent relief. Many tenants have been forced to close by state mandate, and many of those that may remain open (restaurants that can only provide drive-thru or take […]

Making the most of experiential retail

Opportunities in tenant representation and landlord leasing are constantly in flux—and the arrival of experience-oriented operators like Wondershare, Cinergy, The Void and Round 1 is a case in point. Not so long ago, sellers of hard and soft goods were the prime focus of retail tenant reps and landlord leasing teams alike. However, disruptive forces […]

Interview: Margo McDonnell of 1031 Corp

If you’re thinking about selling one investment property and buying another at the same time, you may also want to consider a 1031 tax-deferred exchange. This practice takes its name from Section 1031 of the U.S. tax code and allows property owners to sell real estate and purchase a comparable property while deferring capital gains […]

Leasing to Local Tenants

On paper, the idea of leasing space to a national retailer will often seem more attractive than leasing to local tenants. However, locally owned businesses are often the lifeblood of neighborhood and community shopping centers, and therefore extremely valuable to your property. Since local tenants often come to retail centers with no brokerage representation and […]

The Benefits of Sale-Leaseback Transactions

A sale-leaseback is a transaction in which an investor buys a property that is already being owned and operated by someone else. But instead of taking control of the property, the buyer leases it back to the seller under terms and conditions on which they both agree, with the seller becoming the buyer’s tenant. Sale-leasebacks […]