Find out how high-end steakhouse president leads others, what is happening with the redevelopment of DeSoto Square Mall, and what lessons Tampa deli owner reflects on after five decades. Read all about it in this week's #LQCRE #TampaBay #LQTPA #Retail #News Brief.

I love my job! I was nervous and excited at the same time when I got the opportunity to come be the primary on site manager in charge of the remodel for the Lenexa, KS Sam’s Club. This week or next the final inspectors and home office representatives will be here to walk off the work to make sure everything is completed. This was no “simple” remodel. Just about every pallet of merchandise changed position in the warehouse and we added a walk in produce and dairy to maximize the effectiveness of our fresh walk space to bring more items and more quantities to our members. It was a tough yet enlightening experience. Here are the top 5 things I’ve learned throughout the whole journey. 1. Plan, plan, and then plan some more With so many fixtures, areas, and functions changing it’s important to slow down and make sure you will have all the materials, supplies, and people you will need when you need them. 2. Sometimes you just need to make a decision No matter how many blueprints, schematics, check off lists, and emails you get you’ll run into a time when you don’t know the answer and might not have anyone to ask. Make the best decision and keep moving forward. 3. People matter The best asset will always be the people around you trying to make the vision come to life. Treat them right and they will go far for you. 4. Don’t be afraid of the dirt Many times I came out of an aisle covered in dust and dirt from moving things around. It’s important to not always let someone else do it for you and to show them you aren’t afraid of letting the dirt get on you too. 5. Learn to lead through change Perhaps the most important thing I’ve learned. Change is constant and will always keep coming. Adapt and overcome and move on to the next while keeping your people at the forefront is most important. People get nervous when they see someone unsure of themselves. I’ve been very appreocative of what I’ve learned and those who’ve mentored me along the way. I’m ready and thrilled to stay after the final walk off and continue to lead through change as we deliver a fantastic new club to our local members who deserve it. Go Sam’s! 👍👍 #leadership #retail #remodel #samsclub

Good to see Winchester High Street being regenerated. Retrofit and repurposing projects like this are important for many aspects including reusing existing buildings, helping to sustain activity in our streets and supporting the local economy. #retrofit #regeneration #winchester

Retail Today / Retail Renaissance: After numerous requests for a Buc-ee’s update, ok so it was just one. Here it comes, Buc-ee’s is getting ready to open store #50! #bucees Not just any store but there largest store ever at 75,000 sq ft!!! This location in Luling, Texas is the World’s Largest Convenience Store. #conveniencestores This travel center will boost everything you love about Buc-ee’s: Fudge, BBQ, Pastries, Beaver Nuggets, even Beaver Apparel and Home Decor. 😂😂😂 #travelcenter Then you add the World’s Cleanest Restrooms and 120 gas pumps, now you have the most exciting retail concept in the country. With a rabid cult following of shoppers. Who plan their travel around Buc-ee's, Ltd. locations. Buc-ee's, Ltd. #shoppingexperience #exiciting #emotional #entertaining #compelling #merchandising I started talking about them a few years ago, their growth has been amazing. Now spreading their wings headed towards the West in Arizona, Colorado, the Midwest in Wisconsin, etc… #stores “COMING SOON” to a highway near you. The rumor their new store in Ocala, Florida will be even bigger! #retail #retailtrends #retailindustry #TopRetailExperts

Just Listed! Rare Drive-Thru Firehouse Subs in Ocala, Florida, for $1,124,320 at a 5% cap rate. There is a lot to like about this property: below-market rents ($27.50 vs. $60), a corner lot, a drive-thru, a corporate guarantee (NYSE: QSR), below replacement cost and a great location, among other features. If the tenant stays, your investment will appreciate at 3% annually. If the tenant ever decides to leave, the rents are well below replacement cost, presenting an opportunity to add value. Patrick Nutt and William Wamble recently sold the Chipotle across the street for approximately a 4.5% cap rate at around $3.45 million, and there is much more development happening throughout this major retail corridor. Please let me know if you have any questions about this investment opportunity, market conditions, or any of our upcoming inventory. #QSR #Florida #Sunbelt

There is never a good time to have an IT disaster, but they usually manage to make an appearance when you least expect it. Your IT Infrastructure now needs to stand up in office and at your dining room table. #innovation #technology #leadership #security

is THAT landscape architecture?

Restaurant leases space near base of downtown Fort Worth tower

We are officially in the market on our strip center (called "Midtown Crossing South") located in Plantation, FL (due west of Ft. Lauderdale). Here's why I like this deal.... - What's not to like when a deal is in Florida! All of the obvious advantages of being in the Sunshine State - growing population base, income tax free, etc. - This strip sits on a road that has 51,000+ cars per day pass through. So it's going to get a ton of visibility - not to mention access is very good to the site. Plus, a brand new WaWa under development next door. - Great lineup - Starbucks is your anchor. Has 2 other restaurant concepts that are local/regional. We understand Starbucks is killing it here (look at that backed up drive-through lane!) - Strong leases in place - on average provide a 2.77% rent growth annually. Better than what you can get in most retail/restaurant deals. We think this is either a great 1031 play or a pride of ownership asset for investors who love to own #CRE in Florida. Matt Spangenberg & Michael Zimmerman are running point on marketing this asset. I'd get with them quick on this one! OM Here - https://lnkd.in/g5Qh3-QB

New info is emerging on the Red Lobster Chapter 11 case. As of now there are 200 leases on the cancellation list. As of their petition date, they operated 551 U.S. and 27 Canadian restaurants. Below are the top ten states where leases will be cancelled. Although FL represents less than 9% of the portfolio overall, it's responsible for almost 22% of the store closures. In a state that seems to have outsized population migration and demand I thought this was an interesting twist. I have long thought Red Lobster was a risky investment from a landlord's perspective (inflated rents, PE ownership, outdated brand etc.) but if it was to succeed anywhere I would have bet on Florida. Where do you think Red Lobster went wrong and why do you think the FL locations are being culled first? Comment below! #iaconocre #karlyiacono #retail #retailrealestate #commercialrealestate #bankruptcy #restaurant #redlobster #topretailexperts