64 Kmart Locations Closing…The List

Kmart is closing another 64 stores in the United States as the retailer continues to struggle with declining sales. The stores will begin liquidation sales on Sept. 22 and will close down by mid–December, a person familiar with the matter said late Monday. USA Today Article

Petco Opening 13 New Stores in September

31 Unleashed by Petco stores also transitioning to smaller format Petco stores.  PR Newswire Article http://www.prnewswire.com/news-releases/petco-expands-retail-presence-with-13-new-stores-in-september-300324464.html

DSW Opening 21 New Stores

PR Newswire Article DSW Announces 21 New Stores to Open Fall 2016 COLUMBUS, Ohio, Aug. 23, 2016 /PRNewswire/ — DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, is pleased to announce the opening of 21 new stores nationwide this fall. “New store growth is an important and exciting piece of the DSW […]

Dollar General Buys 41 Walmart Express Locations

On Wednesday, Dollar General said it has bought 41 former Walmart Express stores in 11 states. In January, Wal-Mart Stores Inc. shut down all 102 of its smaller-format stores, part of an effort to shutter 269 underperforming stores worldwide and 154 in the U.S. The Express stores were the 10,000 to 15,000 square foot locations that the retailer […]

Archaeology, Clean Out, & Watch Your Time (YouTube video)

This YouTube video was prompted when I was cleaning out one of the filing cabinets in my office.  We, Equity Retail Brokers, purchased and constructed our office in Plymouth Meeting, Pennsylvania and we are preparing for the move.  Thanks to everyone both in and out of my company who contributed to all those deals.  Archaeology, […]

Join.me for a Conversation

The Challenge We have a limited amount of time in the real estate business and in life. Reviewing aerials, site plans, elevations, and LOIs is very cumbersome and difficult when you and your client are not both looking at the same document at the same time. You need to join.me for a conversation.   Action […]

2 Minutes Left & You’re Down a Goal

Life is like sports.  Sports are like life.  In the comercial real estate business, especially as a broker, you have to operate like your playing sports, there’s 2 minutes left in the game, and you’re down a goal.  Your clients deserve that type of effort and commitment, and you never know what deals will fall […]

Vegas ICSC Tips & Tricks

Here are some tips and tricks for getting the most out of your ICSC experience in Las Vegas: Get in one day early and spend some time with a client. Use any extra time to gather your thoughts about the show, clients, push a few more emails, prepare for the coming year, etc. If you’re […]

Lowe’s Plans to Add 45 Stores This Year

Here’s some news from a tenant who has been pretty quiet.  Lowe’s press release MOORESVILLE, N.C., May 18, 2016 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $884 million for the quarter ended April 29, 2016, a 31.4 percent increase over the same period a year ago. Diluted earnings per share increased 40.0 percent to $0.98 from $0.70 in the first quarter of […]