By Al Urbanski
Nearly 30 years ago, when Limited Brands founder Les Wexner decided the huge parcel of land he owned off of Interstate 270 in Columbus would make a better retail destination than a distribution center, his plans for a combination of shops, restaurants, hotels, and apartments made some eyes roll. Today, Easton Town Center, co-developed by The Georgetown Companies and Steiner + Associates, serves as one of the world’s largest and most successful examples of mixed-use real estate. Wondering how Easton’s fared during COVID-19, we talked to its developer, Adam Flatto, CEO of The Georgetown Companies.
How’s Easton operating at this stage of the crisis? What’s open and doing well and what’s not? Are you going to lose many tenants that have entered Chapter 11?
We’ve been extremely well received by customers. We’ve been drawing up to 75 percent of last year’s traffic and that’s without the theaters being open….Read the full article at ChainStoreAge.com
Heartland Real Estate Business By Spencer Jordan The retail environment in Columbus, Ohio is not just among the most unique and diverse in the Midwest, but in the nation. Columbus currently enjoys the fourth highest concentration of retail headquarters of any American city. Familiar names like Bath & Body Works, Victoria’s Secret, Express, Big Lots!…
Total Retail By Spencer Jordan At a time when the commercial real estate landscape is evolving with unprecedented speed, changes in big-box retail are an important storyline. Appreciating how and why big-box concepts have thrived in a post-pandemic environment, and understanding the logic behind decision making with regard to everything from store layouts to merchandising,…
The Crittenden Report By Linda Frabl Spencer Jordan, the SVP of Leasing for Steiner + Associates provided her perspective to this month’s Crittenden Report question: are there any new retail tenancy trends that you are particularly excited about as we enter into 2024, and why? “I see a hybrid approach to wholesale and DTC (direct…
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