Chasing Authenticity: The New Direction of Retail
Aug29

Chasing Authenticity: The New Direction of Retail

By Kristi Rooks, Partner at Revel, LLC There has been a lot written about the new direction of retail.  Experience is in; quick, in-and-out commerce is out.  Experiential retail is focused on creating gathering places on opportunities to spend time with friends and family and connect with the community.  Food and beverage are king, dubbed the new anchor tenant.  Defining the components of experiential retail may be easier to describe...

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Entertainment and experience guiding the future of retail
Aug01

Entertainment and experience guiding the future of retail

By Monetha Cobb, Managing Director of Franklin Street and CREW Board Member   It’s no secret that mixed-use developments are incorporating an increasing amount of entertainment uses and experiences. Gone are the days of retail-only destinations. How consumers want to spend their free time has changed; shopping isn’t considered an experience anymore. Instead, people want to spend quality time with their family and friends, and...

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Why it’s an exciting time for Atlanta retail
Jul21

Why it’s an exciting time for Atlanta retail

By Randall Shearin, Senior Vice President of France Media, Inc. Experience is the key with shoppers today — a physical retail environment must provide today’s consumer something that they cannot get from their computer or smartphone. Each consumer may be looking for a different type of experience: a comfortable place to sit, the latest cocktail from a local star mixologist, a pair of jeans made by a regional company, a meal from a...

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How retail is shifting: a focus on malls
Jun20

How retail is shifting: a focus on malls

This originally appeared on Stan Sonenshine’s blog on the PREF website. By Stan Sonenshine in Real Estate Devlopment A recent article in The Atlantic opened with this: “According to Ellen Dunham-Jones, an architect and professor at Georgia Tech, there are about 1,200 enclosed malls in the United States, and about one-third of them are dead or dying.” The good news shared in the article, however, is that 211 malls are being retrofitted...

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As shopping has changed, so has industrial real estate
May24

As shopping has changed, so has industrial real estate

By Linda Booker, Executive Vice President and CFO, Core5 Industrial Partners I admit it; internet shopping has changed my life. I initially resisted, but like most busy moms, I realized that I could get far more done in a day if I order my books, non-perishable groceries, and office supplies online. As we got ready for Spring Break, a steady stream of bathing suits, clothes, and shoes came to our door with my daughter’s name on them;...

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Outlet and conventional retail centers adapting to each other
May09

Outlet and conventional retail centers adapting to each other

By Tonya Creekmore, Avison Young This article originally appeared in the May 2016 issue of Shopping Center Business. Outlet retail has long represented the epitome of value for real estate developers, retailers and consumers, but times are changing – and fast. In recent years, more retailers and developers have begun finding creative ways to expand value concepts beyond the traditional formula. Longstanding barriers between outlets...

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