Brick and mortar stores are not going away. Different channels of distribution will co-exist but the more quickly property owners embrace these changes the better. Retailers are being forced to re-learn how the plugged-in generations of today shop. Their physical stores need to seamlessly merge with their e-commerce platforms. What the future of retailing will look like is not yet clear. Are stores merely showrooms? Are they points of purchase? This and many other influences are now being debated and tested. One thing is true: E-commerce has had both the effect of reducing in-store sales volume as well as syphoning funds from store leasing budgets. Retail footprints are changing as we speak and each retail category is impacted differently. Omni-channel retailing is happening right now.
IS YOUR BROKER DOING EVERYTHING TO LEASE YOUR RETAIL SPACE? WE ARE.We harnesses the strength of the entire marketplace to stimulate demand, procure offers and negotiate the best business terms – knowing that every day your property stays vacant, you lose money.
We build important tenant relationships. We know how and why tenants are making leasing decisions. We continually achieve stellar results in both urban and suburban markets – and have the distinction of leasing more major entertainment properties than any other firm in the Northeast.
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