Floor & Decor’s Post

When you take a risk and set out on a new course, it’s reassuring to know the company your investing in is at the top of their game. Having worked with CI Select as an industry partner and now as an employee, I know firsthand why they continue to be a market leader: professionalism, a sound business strategy, and a capable team backed by a strong work culture.

📽 Check out the video! NOW OPEN: Dollar General in Batavia/Williamsburg OH (Cincinnati MSA) Investment Highlights: -Price: $2,595,000 | Cap Rate: 6.87% (7.21% Blended Yield) | 108% Return of Capital via Investment Grade Corporated Guaranteed Lease -Brand New 2024 Market Prototype | 12,480-SF on a Large 2.77-AC Parcel | 1 of 129 Relocated Stores in 2023 | Prior Store was top 8% according to Placer.ai -Proven Top Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Next to Prior Location -15-Year Absolute NNN Lease with Rare 5% Rent Increases Every 5-Years and in The 3, 5-Year Option Terms -Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot -Boasts High Visibility Along a Main Thoroughfare | Two Access Points and Exposure to 10,200+ VPD -Proximity to a Dense Industrial Corridor, Which Includes Major Employers like Nestle-Purina Pet Food Plant, General Electric Aerospace, Huhtamaki Packaging, with an Estimated 800+ Employees -In 2020, Nestle-Purina PetCare Announced Plans to Build a $550M Facility within 3-Miles of Subject Property by 2024, Adding 300 Jobs | Proximity to Williamsburg High School, and Both Batavia Elementary and High School with 2,480+ Total Students & Teachers Combined -Historical Significance: Williamsburg was the First County Seat, Founded in 1796 | Williamsburg is Located 35 Minutes East of Downtown Cincinnati in Clermont County, One of Fastest Growing Counties in Tri-State Area -Strong Demographics: Population Exceeds 33,700 Within 10 minute drive-time and growth to continue, +3.50% through 2027. #marcusmillichap #cre #stnl #1031exchange

I was saving my yearly LinkedIn post for my 3 year anniversary in a few weeks, but today’s launch of Brooklyn Storehouse is a far more exciting milestone (first iconic, stateside partnership- watch this space!). Joining Vibration Production in 2021 at the tail end of the pandemic seemed like a crazy risk to anyone looking in at the time (and many told me as much!). Having forged my career in the comfort of big international corporates, moving into event production, heading up a finance function and being tasked with a complete overhaul/creation/imbedding of all processes and a commercially driven team was a big move away from my comfort zone but little did I know, it was going to be much more than that original job description. Best. Move. Of. My. Life. What Broadwick has given/taught me: -Collaboration; not cold hearted competition. -Good Ideas are given a fighting chance. -No one worth knowing is going to take credit for your hard work. -No one is claiming to know it all or have all the answers. -Partners that share our vision fuel us, those that don’t get it, fuel us too! -You need the tiny details to form the bigger picture (always been my mantra but now reinforced daily!). -If you can’t be unapologetically yourself, you’re not in the right place. -Working with people that push and inspire you, will be your greatest education. -And so, so, so much more. Thank you for believing in me, trusting in me and holding me to the highest standard. If giving it your all, being highly adaptable and being fully invested isn’t for you, then Broadwick won’t be. It’s more unbridled passion, inspiring ways of thinking and delivering these to the highest standard across MUSIC•CULTURE•SPACE.

Excellent panel at today's ULI Retail Renaissance Luncheon at the Junior League of Houston. Thank you to representatives from Sueba, Pearland Town Center, and Weitzman Group who attended with me. My top three takeaways are as follows: It is important that retail developers, managers, and stores work together, and with the community, to create something special. Events. Landscaping. Architecture. Public art. Post-COVID, people want fun, unique, meaningful experiences in beautiful, interesting, welcoming and temperate-conscious places. Also, they conveyed the importance of driving tenant performance rather than thinking only about signing leases and filling spaces. For example, develop highly digital marketing micro-events to support your smaller tenants. More local niche stores need more support. Property owners and managers should collaborate and build strategies to train tenants for success. Lastly, autonomous ride share and AI, AGI specifically, may, if successful, revolutionize retail and the overall economy within the next 5 years. It could turbocharge productivity and usher in the greatest deflationary period in history, which will reduce capital costs significantly. While retail evolved rapidly during covid, technology innovation is going to further excelerate that trend. We want a new experience. It seems like we are going to get it.

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

I walked in for a COLD DROPIN at Furniture Row Companies my nerves were going a mile a minute. It's the thrill of being in sales and getting over the anxiety that always accompanies any form of cold outreach. For anyone that thinks others don't experience 'the butterflies,' we all do! It's a matter of taking those emotions, giving yourself some grace in feeling them, pushing through, opening the door, introducing yourself, and having the conversation. Worst case scenario, you're in the same spot you were before opening the door and walking through! Be brave, get tough, & do your BIZDEV! #coldsales #outbound #coldcalling #rollingsuds #sales #powerwashing

In today’s episode of “Terra Firma: Conversations on Commercial Real Estate,” Lowenstein’s Stacey Tyler and Stephen Tanico discuss the evolution of New York City retail leasing with partner Julia Sanabria, addressing changes in the retail market after COVID-19, and the increase in experiential stores and the resilience of restaurants. Listen to the full episode: https://bit.ly/3xDt1ey #realestatemanagement #propertyinvestments #commercialrealestate #realestatebusiness #realestatelaw

Feast your ears on the newest episode of our podcast!

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.

Boucheron Paris