Retail Challenges and Opportunities: The Great Reset

An Epoch of Incredulity The U.S. markets are a tale of two economies. May’s recent jobs report was glowing, adding 390,000 jobs almost universally across the board, in many sectors of the economy. In this season of light, spring delivered hope with continued historic low unemployment at 3.6% for the third month running, and increasing job participation—notably among women—as a …

Mall Redevelopment: Repositioning Assets for the Future

Shopping Malls proliferated out of the suburban expansion during the mid-1950s, which brought efficient transit to prosperous neighborhoods spread across postwar America. Rising automobile ownership made these retail centers accessible and convenient, offering a bounty of merchandise and services. Today, those same centers that lifted up suburbia and opened up the world through mercantilism are facing a host of challenges …

X Team Restaurant Sector Trends

Restaurant Sector Trends

Covid Impacted Restaurant Industry Forever; Innovation Bridges to a “Great Reset” The “Great Reset” is underway now that the U.S. is shifting away from a period of economic uncertainty that was caused by the health pandemic in 2020. The restaurant industry was as hard hit as any over the past year, yet those who survived have found ways to thrive …

Addition of Affiliates ADMI and Hoffman Boost X Team Platform

Addition of Affiliates ADMI and Hoffman Boost X Team Platform “X Team Retail Advisors recently added two new affiliates including ADMI Inc. and Hoffman Strategy Group which bring retail brand, hospitality, mixed-use and themed entertainment expertise. The additions boost the number of companies now part of X Team’s platform to 37.” Read More at ConnectCRE… X Team adds two new …

Evan Albert

Evan Albert – University of Maryland’s 30 under 30

X Team’s Evan Albert is featured in the University of Maryland’s 30 under thirty! “Evan Albert started working in retail leasing immediately after graduating from the University of Maryland in 2015. Evan has grown tremendously in the commercial real estate industry since he began including opening his company’s Washington DC office in 2019 and leading the young broker’s division, X …

Lee’s Summit enlists partners to revamp Downtown Market Plaza

Lee’s Summit has landed two partners to help spearhead a mixed-use revamp of its historic downtown district. On Tuesday, City Council members approved a development structure agreement with Kansas City-based Lane4 Property Group Inc. and New York-based Biederman Redevelopment Ventures. They will be master developer and manager for the city’s Downtown Market Plaza, respectively. Read more in the Kansas City …

Stimulus-Restaurants

Shots in Arms & Cash in Hand: The Impact of Stimulus on Retail

Shots in Arms and Cash in Hands – What Does it Mean for Retail? The American Recovery Plan Act became law on March 11 – having passed through the House and Senate and signed into law by President Joe Biden one day earlier than anticipated. In the month since its signing, millions of Americans have seen two things happening – …

S.L. Nusbaum Realty Co. Sells Four Shopping Center Outparcels In Separate Transactions

NORFOLK, VA (January 2021): SLN Capital Markets, a division of S.L. Nusbaum Realty Co., completed the sale of four separate outparcels to four different buyers at the Greenbrier Square Shopping Center in Chesapeake, VA. All of the transactions occurred within a few months after they hit the market, showing the continuing high demand for single tenant net leased assets. “All …

S.L. Nusbaum Realty Co. Brokers Sale Of Class A Medical Office Building In Richmond, VA

RICHMOND, VA (January 2021): S.L. Nusbaum Realty Co. is pleased to announce the sale of GreenGate Medical Office Building at 3400 Haydenpark Lane in Richmond, VA. The property was purchased by Montecito Medical Real Estate. Nathan Shor and Reid Cardon of S.L. Nusbaum Realty Co.’s Richmond office and Chris Zarpas and Chris Devine of the Norfolk office facilitated the transaction. …