Post-Amazon Shopping Center Investing: Five Key Drivers of Modern Suburban Retail

The biggest commercial real estate investment opportunity in the next decade will be in reinventing and repurposing shopping centers.  It is the great challenge for investors of my generation.  The Baby Boomers built shopping centers and malls all across the country and now, as 80,000 stores close across the US by 2025, generations X and Y will reinvent the asset …

Is the Office Building Dead?

Is the Office Building Dead?

The only thing constant in life is change and so it goes with the “Office Building.”  What was an immutable truth 20 years ago is yesterday’s news in today’s globalized, digital, warp-speed economy.  So, are office buildings—a key food group of the commercial real estate universe—dead or dying?  With nearly 11 billion square feet of office space in America, this …

Modesto Commercial Strip Center

5 Ways to Increase the Value of your Commercial Strip Center by 10%

In the age of Amazon, commercial strip centers are a sound retail investment.  They are generally populated by service providers and restaurants, things that the internet cannot easily replace.  Common tenants include: hair and nail salons, insurance agents, tattoo artists, restaurants and tax preparers, among other things.  Most of these are services and cannot easily be outsourced to the internet.  …

Industrial Plant Closure, Real Estate

Investing in and Repurposing Large Industrial Facilities after Plant Closures

Joe Muratore, CCIM Being based in the Central Valley and East Bay Area of California (specifically Stockton and Modesto), we have seen our fair share of large industrial plant closures and movements.  In the last few months, I have worked on several plant projects in some capacity and the purpose of this blog is to share what I have learned …

Inspection Checklist for Shopping Center & Office Building Property Management (PDF)

Being a great shopping center manager requires diligent attention to detail from you and your team.  Our firm generally visits each of the shopping centers we manage every week and twice a month we produce a detailed report with pictures catalogs the current state of the center, tenant feedback and an update on open work orders. I have attached the …

More People Than Dallas: The Steady Rise of California’s North San Joaquin Valley (Infographic)

Hidden amongst the towering Northern California economies of the Silicon Valley, San Francisco and the East Bay area is a trade area that spans from Stockton to Merced.  What is missed is that 1,530,000 people call this area home and $46 Billion in goods and services (Gross Municipal Product) are produced and consumed here each year.  In fact, according to …