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Shopping Center Increases NOI by More Than $120K with One Simple Security Change.

Posted by Rick Charney on April 25, 2019

Shopping centers present unique security challenges. Each one deals with its own set of issues from theft, trespassing and property damage, to site accidents, guard expenses and more. Shopping center managers and owners have an obligation to provide a safe environment for their…

Mass Transit Projects Drive Retail and Multifamily Housing Development

Posted by Rick Charney on April 24, 2019

Are you searching for a place for a multifamily residential and retail development? You might want to look near mass transit. The U.S. Department of Transportation has announced 17 projects have received almost $4.8 billion federal funding commitments in total. This only…

What to Do with Vacant Retail Centers That Need a New Life

Posted by Rick Charney on March 18, 2019

Payless ShoeSource has announced its plans to close all U.S. stores and wind down its e-commerce activity. With national retailers like Payless ShoeShource announcing closings and bankruptcies, the industry feared vacancy rates would skyrocket. However, real estate research firm…

What Makes an Effective Retail Center Security Solution?

Posted by Rick Charney on March 14, 2019

Get Your Complete Guide to Securing Your Shopping Center Property Now. The key to retail success is to have a seamless omnichannel strategy, ensure the shopping center has amenities to attract customers, and minimize vandalism, loitering, dumpster diving, and other factors that…

This Is Why Retail Centers Absolutely Need Pop-Up Shops

Posted by Rick Charney on March 11, 2019

You've seen them popping up in October, weeks before Halloween. They also show up in plenty of time for Christmas season. These temporary stores are pop-up shops that fill in vacancies at retail centers, shopping mall spaces and kiosks, and shuttered grocery stores and…

2 Big Ways Shopping Centers Can Boost Revenues

Posted by Rick Charney on March 1, 2019

Shopping centers are not going away. Still, they need to find ways to generate more revenues, with e-commerce capturing 9 percent of sales per year according to the National Multifamily Housing Council. Fortunately, retail management has two very creative and different ways to…

Results: NRF 2018 National Retail Security Survey

Posted by Rick Charney on January 28, 2019

The good news for retailers is that shrink rates have shrunk from the previous year according to the 2018 National Retail Security Survey. Shrink — the loss of inventory due to theft, error, fraud, or shoplifting — costs 1.33 percent of sales, which totals $46.8 billion. That…

Dallas/Fort Worth Retail Real Estate Reaches 95% Occupancy Rate

Posted by Rick Charney on January 18, 2019

Over the past 15 years, the North Texas region has added nearly 60 million square feet of retail real estate space. In that same time span, the Dallas/Fort Worth area has gone from an occupancy rate of 89 percent to 95 percent, making it the longest streak of rates above 90 in…