SRG (8)

Arizona Shopping Center Sold- $13.7M- Arcadia Plaza

Arcadia Plaza – a Sprouts anchored neighborhood shopping center on the northeast corner of 28thStreet and Indian School has been sold.  Phillips Edison, a retail real estate company with a retail portfolio of 29 Million square feet and 280 properties across the country, has purchased the shopping center property for $13.7M.  The Seller was RJ Realty Advisors, LLC a […]

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Leasing Fundamentals Pt II – Qualifying Retail Tenants

Are Your Tenant Prospects Fully Qualified? These 10 Key Questions Will Help You Determine: Do you have the right tenant for the property? Will the tenant be successful for the duration of the lease? How can I expedite the process and get to the salient facts? Use this checklist of 10 questions and incorporate into […]

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Leasing Fundamentals – Void Analysis Part 1

PT 1 – VOID ANALYSIS What’s missing from your center?  Perform a “Void Analysis” and find out A VOID ANALYSIS determines what significant, retail functions are missing from a shopping center. Here at Strategic, we use this basic fundamental system for determining the difference in a retailer’s capacity to fulfill consumer demand within a given […]

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Fro-Yo Over & E-Cigarette Stores the Next Retail Fad?

In the 1980’s frozen yogurt stores like: Penguin’s, TCBY and I Can’t Believe it’s Yogurt exploded the fad by creating a product with more sugar than it’s original formula introduced in the 1970’s. Today you can find fro-yo stores in most major markets operating under some of these familiar names: Red Mango, Pinkberry, Menchie’s, Orange Leaf and Yogen Fruz. However, just like the 1980’s run […]

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Fro-Yo Over & E-Cigarette Stores the Next Retail Fad?

In the 1980’s frozen yogurt stores like: Penguin’s, TCBY and I Can’t Believe it’s Yogurt exploded the fad by creating a product with more sugar than it’s original formula introduced in the 1970’s. Today you can find fro-yo stores in most major markets operating under some of these familiar names: Red Mango, Pinkberry, Menchie’s, Orange Leaf and Yogen Fruz. However, just like the 1980’s run […]

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Healthy Restaurants Finally Catching On?

It’s about time… According to a recent study by the National Restaurant Association, 73 % of diners say they now try to choose healthier items when eating out.   With climbing healthcare costs and a frightening obesity rate across the country (26% nationally), it’s about time that healthy quick serve restaurants (QSR) start growing their presence nationally. Last […]

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Post Recession – Retail will never look the same…

Following the Great-Recession and ever changing consumer habits, the future of retail centers will most certainly look nothing like what we saw just five years ago. In 2008 regional retail power centers were planned for three corners of an intersection in nearly every regional trade area of our market here in Phoenix, AZ. This meant […]

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Phoenix Retail Market Continues to Improve

  Rents Bottom Out Investment Sales Volume Up New Construction is Minimal Vacancy Expected to be 10% or less by end of the year The Metro Phoenix retail market is continuing to improve with strong momentum continuing to build in leasing activity as well as investment sale transactions. Additionally, the trend in rental rates, which […]

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