Retail Commercial Real Estate Blog

Expanding Retailers in Illinois

As COVID-19 cases begin to increase throughout the country once again, retailers are worried about the future of the industry, but we wanted to share four retailers in Illinois that are surviving and even thriving amid the pandemic. Lazy Dog Restaurant And Bar Earlier this year, Lazy Dog Restaurant and Bar opened a second location […]

Retailsphere helps Roth RE Group grow during Pandemic

Roth RE Group may have started as a brokerage, but today their business looks a lot different. They’ve taken 60 years of experience and built one of the premier real estate companies in the Colombus, Ohio area that now includes property development and tenant representation.  By working to keep everything in-house, they’ve been able to […]

Retailsphere helps Pavilion Development streamline process

Pavilion Development has looked for ways to fill 10,000 square foot or less, build-to-suit spaces for single tenants for over 20 years. Rich Davies, owner and founder, saw this necessary niche while working in the industrial sector for the first part of his career.  And while things have certainly changed over the years, Marguerite Ogilvie, […]

How COVID affected the demand for Pizza

According to consumers, take out and delivery is most commonly associated with pizza. To be precise, when consumers were asked, 63% reported they wanted pizza. The pandemic has hearkened in a new age for restaurants in many respects. One aspect all restaurants have had to learn early on to survive financially in 2020 is that […]

The Future of Childcare Centers Post Pandemic

The pandemic forced sweeping closures of daycare facilities across the country earlier this year, and while many have re-opened, it seems almost 40% of childcare centers and family childcare programs remain closed nationwide. Those that remain open are operating at very low capacity. But don’t count them out as potential tenants. While challenges are present, […]

Ross Dress for Less Expansion

Making a bold move to continue brick and mortar expansion while having no e-commerce presence, Ross Stores successfully finished their expansion plans for 2020. Last month, the off-price apparel retailer opened 30 Ross Dress for Less and 9 dd’s Discounts stores over a span of 17 states, totaling 66 new doors this year.  The recent […]

The Future of Convenience Stores

The 2020 COVID pandemic has affected us all, but the convenience store market has arguably seen a unique set of issues. Where many retailers and outlets have to figure out the best way to reopen, convenience stores find themselves in the sticky Venn diagram center of “necessary fuel stop” and “high traffic risk spot.” Convenience […]

Ulta to Open Hundreds of Locations inside Target

Ulta Beauty and Target announced a partnership last Tuesday Nov 10. Starting in 2021, Ulta will start opening 1,000 square foot shops inside of Target stores around the country.  In a post on Target.com, CEO Brian Cornell was quoted as saying, “We couldn’t be happier about bringing these two trusted brands together to redefine retail […]

TOP 5 Expanding Pizzerias

Baked into the American DNA is an Italiano based concept: pizza. After innovators knead it, tossed it, topped it, the American pizza was born. Sure, hamburgers and hot dogs claim to be national foods, but more people celebrate a weekly pizza night (or two). Pizzarias proved to be more covid resistant than other restaurants. While […]

Retailers Expanding to North and South Dakota

Despite being two of the least populated states in the nation, retailers are flocking to North Dakota and South Dakota for expansion. This year has been marred by the pandemic, but when retailers find a geographic area of need and a good fit for the state, they tend to move fast. Atomic Wings Famed for […]

Quick Service Restaurants Among Most Sustainable Retailers

 Surges of coronavirus cases drove local municipalities to close all non-essential businesses. But as retailers began to reopen, it was clear which retailers were going to struggle to maintain a constant customer base. But not Quick Service Restaurants (QSR). Approximately 50 million Americans eat every day at more than 200,000 fast food restaurants. In a […]

The Retail Void: Creative Ways to Fill Empty Spaces

Brick and mortar retail was already in a delicate balance in years past trying to tip the scales in their favor versus online retail. Required store closures in early spring as a result of a deadly virus blasted physical retail’s hope to restore fortune in its favor. To combat the brick and mortar crisis, retailers […]

Expanding Retailers in New Hampshire

Retail hardships are nothing new. But now, retailers in the food industry have a different story and are thriving amid the pandemic. We're sharing three businesses within the food industry expanding this year in New Hampshire. Tuscan Village Starting in 2019, Salem, New Hampshire, began building a 2.8 million square foot area for a mixed-use […]

The Top Coworking Spaces

The pandemic struck a lighting bolt through many aspects of daily routine, notably the workplace. Masses of the workforce transitioned to working from home. Many realized the wonderful benefits of working from home: No more commute, business attire substituted with always comfortable attire, and less money spent buying lunches. Coexisting with work-from-home doesn't free you […]

3 Retail Segments to Avoid

Last year's forecasts and trend reports proved no one had a crystal ball. COVID-19 knocked the wind out of plenty of healthy establishments who had big plans for the new year. While savvy business decisions and creative work-arounds have proven enough to save many brick-and-mortar businesses, some brands haven’t been so lucky.  Store closures abound, and […]
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