Thomas (TJ) Drought Jr. has joined Columbus, Ohio-based Steiner + Associates as Executive Vice President, Advisory Services. Drought leads the company’s growing third party leasing and management services business. Steiner + Associates Chairman and CEO Yaromir Steiner made the announcement.
For anyone in the industry, it’s impossible to avoid the topic of online sales and the “dramatic” impact of the internet on traditional brick-and-mortar retail. Many retailers are clearly worried, and others are uncertain about how they should respond to the growth of online retail.
I hear–and see–a lot of hand-wringing and uncertainty in the industry today. Far too many retailers have let the online boogeyman get in their head and influence their decision-making and resource allocation.
The winners of ICSC’s 2016 Design & Development Awards were announced on December 1 at the ICSC CenterBuild Conference in Phoenix, Arizona and Steiner + Associates’ Easton Gateway District was honored as a winner.
When owners start taking equity stakes in their food tenants, the traditional roles can blur in some interesting ways, notes Spencer Bomar, an Atlanta-based principal of the national retail group at Avison Young. “In some cases [landlords] are partnering with chefs, and it is going as far as them sharing in the percentage rent,” he said. “They are becoming true business partners.”
Developers have stopped building malls and started making places. Consumers who can buy anything they desire using the little computers in their pockets no longer have to drive to the mall for a new dress, sofa or TV. At the same time, Americans are becoming more urban and they will walk to stores if they are in their neighborhoods.
Yaromir Steiner served as a discussion leader at ULI’s Fall Meeting in Dallas on October 26 focusing on building 18-Hour Cities. His presentation was entitled Urban Transformation Tools. In his presentation, Yaromir went into great detail around five themes that he believes are crucial to the success of existing or emerging mixed-use communities. They included: [...]
Commercial Property Executive, September 25, 2016 By Amanda Marsh With urbanism, technology and demographic shifts transforming commercial real estate faster than ever, the industry is poised to look drastically different within the next decade. Four thought leaders share their perspectives on where its headed. Read More
The newest demographic groups may have very particular preferences, but technology, building materials and design innovations offer plenty of alternatives to stay on pace. A look at upcoming trends in how people live, work and play will help you to determine how best to improve your properties.