Coastal Tides Retail Newsletter – August 2014

Coastal Tides Retail Newsletter – August 2014

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NewImage.png Charleston Once Again Named Top City in U.S.

The Holy City has done it again! For the second consecutive year, Charleston has been chosen as the “Top City in the United States and Canada” by Travel + Leisure’s readers. Just as impressive, the city was also picked as the second best in the world. Read More TINA stephens

TINA Stephens opens at 278 King Street

TINA Stephens™ announced the opening of its newest retail location

How and How Much Commercial Real Estate Brokers get PAID

In this week’s Landlord Tips and Tenant Tips we will discuss HOW and HOW MUCH Commercial Real Estate Brokers get paid. Money matters

Thank you all for the great comments last week on Steps to Hiring a Commercial Real Estate Broker; THE Checklist Once you’ve decided to hire a broker (Click here for THE Checklist), and selected one you can hold accountable it’s time to understand how we get paid and when it’s due.

Before we dig into the WHEN, and HOW MUCH know that this is my full time job. I am a professional.  Think of me as a paid consultant like other professionals. Your Doctor, Lawyer, CPA or other service provider. This is how I feed my family. This is my Career. I am paid 100% on commission earnings. I pay my own expenses. There is no bi-weekly paycheck, expense account or company car. I sell my knowledge, expertise and my time to meet your real estate goals.

Steps to Hiring a Commercial Real Estate Broker; THE Checklist

This week’s installment of the Landlord and Tenant Tips we will cover the steps to cover when Hiring a Commercial Real Estate Broker.CRE Broker Candidates to Interview

First you RECOGNIZE you need a professional. It may hit you like a ton of bricks or it may have taken you years with no results to arrive at this decision. You may be a Landlord who needs to lease vacant space or sell a property, or a Tenant interested in a new location or a renewal of a current one. The good news is you’ve completed the hardest part!

Doesn’t matter how you got here, it only matters that you have (or almost have). Check that off your list and move to the easy part. Second step is

Welcome to www.JohnOrr.com

WELCOME!

Howdy y’all,
I appreciate you surfing by here to check out the “Official Launch” of my Blog.  This has been in the works for a long time and my good friend Duke Long has been instrumental in motivating me.  First by naming me to this prestigious list of the Top 10 Most Influential Online Commercial Real Estate People in 2013 and then the 2014 Top 100 Commercial Real Estate People You Must Follow On Twitter.  Of course you all repeatedly telling me how inadequate my website really was helped too!

Before I get too far along about what you can expect to find here, allow me a moment to introduce myself – I am John Orr CCIM, a lifelong Retail Commercial Real Estate practitioner.  I’ve been active for a long time (at least in relative timelines) in the social media spaces – TwitterLinkedINFacebook, Google+, YouTube.

As we get to know each other over the coming weeks and months I will introduce our Charleston Retail Team here at Colliers International as well as post Market Reports, post for Restaurant Recommendations, and whatever strikes me from time to time.  Now, even with all that great stuff to talk about my main goal is to explore today’s issues facing Landlords, Tenants, Sellers and Buyers – and the occasional Developer’s Corner post and of course our monthly Coastal Tides Newsletter.  These are the things that impact us everyday.  The names may (or may not) be changed to protect the innocent but all the stories here are real because Truth is stranger than Fiction!

Thanks again for taking the time to check it out and please take a moment to Subscribe in the box on the right.  I believe inboxes are sacred and promise not to send anything to you that I wouldn’t want to receive myself.

Thank You Very Much!

John

Coastal Tides Newsletter July 2014

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Coastal Tides Retail Newsletter, July 2014

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Tuesday Morning opens new store in Mount Pleasant

The Dallas-based retailer of closeout housewares and decor relocated to 680 Long Point Road, adjacent to PetSmart, after leaving its store on Coleman Boulevard about a year ago to make way for the Southern Seasons outlet.

Dick's Sporting GoodsNordstrom Rack

Nodstrom Rack, Dick’s Sporting Goods plan to replace former Kmart in Mount Pleasant

Design plans submitted to the town of Mount Pleasant reveal a new facade and a restructuring of the shopping center’s five parcels. The former Kmart superstore, which closed in January, will be split into two storefronts designed for Nordstrom Rack and Dick’s Sporting Goods.

Ruth's Chris

Ruth’s Chris Steak House to open in hotel near Charleston City Market

After an exhaustive search, Ruth’s Chris Steak House has selected

Coastal Tides Retail Newsletter – June 2014

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Retail Market is Back in Business as RECon 2014 Wraps Up

By the end of the day Tuesday it was clear that the industry’s expectations for the 2014 RECon show had been fulfilled-the retail real estate market is once again vibrant, with tenants signing new leases, lenders clamoring to offer debt for new acquisitions and multiple investor classes looking to buy retail assets, wherever they may find them.

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More From ICSC RECon 2014

The Changing Dynamic Between Retail Landlords and Tenants

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How to Turn Around a Challenged Center Around

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Don’t Overthink It; Do the Retail Deal

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Large Box Shifts to Smaller Formats

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 Outdoor retailer Gander Mountain picks