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 …

New Concepts Redefine Thriving Consumer Oriented Real Estate Model

Retail Sector Continues to Evolve Post Pandemic, New Concepts Redefine Thriving Consumer-Oriented Real Estate Model That’s Emerging Disruption to retail caused by the pandemic, upended the way in which merchants sell to customers. The need to pivot, almost instantaneously to e-commerce took customers off the selling floor and riveted them to their touchscreens, completely redefining the buyer’s journey. As we …

Flight from Quality: A Mall Survival Strategy

Pre-COVID, ask any investor what kind of retail they were looking for and the answer would be experiential retail with elevated service offerings. Operators were undergoing aggressive leasing campaigns to attract direct to consumer tenants into bricks and mortar spaces and the key conversations were around activating spaces in order to maintain foot traffic throughout the day and night. Class …

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 …

Retailers Get Aggressive to Expand National Footprints

Savvy and proactive retailers that adopted aggressive national roll-out strategies during the global health pandemic grew market share and are in better positions now compared to competitors who hunkered down or tapped the brakes to see how the Covid threat played out. Retailers who made bold moves and incorporated innovative initiatives were rewarded with more opportunities and they faced less competition for sites. The uncertainty that …

X Team Retail Leasing Strategies in Post-Covid

Eviction moratoriums and other government regulations disrupted many facets of the economy and real estate industry in 2020. The impact of those decisions is continuing to be felt in 2021 as retailers and landlords across the country grapple with ways to re-open stores and bring occupancies back up at shopping malls. Landlords and retail brokers must find new ways to …

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 …

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 – …