Shopping Centers

REIT Earnings Report Q4 2023 Earnings Recap & Forward Momentum: Q4 2023 to 2024 The open-air shopping center REITs recently wrapped up their earnings calls for Q4 2023 and issued guidance and expectations for 2024. Leasing demand and property operations remained strong as tenant demand to lease space and open stores has not waned. Brixmor […]

Unlocking Multi-Tenant Velocity Navigating the Impact of Interest Rates Across Eras In the ever-evolving landscape of multi-tenant retail, transaction velocity has seen highs and lows over the past 20 years. Despite the fluctuations, the sector has exhibited resilience. It has found solid ground with sustained strength in retail sales, responding positively with investors. This article […]

Repurposing of the American Mall First introduced in 1956 in Edina, MN, the shopping mall became a cornerstone of the American retail experience. Malls captivated shoppers, offering a vast array of goods in a centralized location and cultivating a cultural phenomenon. Over the years, changing consumer preferences and the strength of e-commerce pivoted shoppers away […]

Tampa, FL Shopping Center Market Report Tampa Market Overview Tampa’s retail market has excelled over the past several years, driven by new and expanding tenants capitalizing on the market’s significant population growth. Retail rent growth is expected to outpace the national average for the foreseeable future, indicating a positive long-term outlook for the market. Limited […]

Tennessee Shopping Center Market Report Nashville, TN Market Overview Retailers are attracted to Nashville due to above-average household and income growth. Median household incomes in Nashville grew by about 24% since the beginning of 2017, outpacing the national benchmark. The population has grown by more than 113,600 individuals since the onset of the COVID-19 pandemic. […]

Broward County & Palm Beach County Shopping Center Market Report Market Overview Florida retail has remained adaptable amid economic uncertainty and rapid changes in consumer behavior. Demand for higher cap rate shopping centers is as strong as ever in South Florida as investors seek to hedge higher interest rates and inflation. In the last 12 […]

The Matthews Podcast – Episode #22 In this episode host Matthew Wallace welcomes Michael Pakravan back to The Matthews Podcast. Michael is the FVP & National Director of Retail Leasing at Matthews™. With more than 20 years of brokerage expertise, Michael leads the National Retail Leasing Division, consisting of 25 agents nationwide. Born and raised […]

Pinellas County, Florida Shopping Centers Market Report Pinellas County Market Overview Pinellas County, situated along Florida’s Gulf Coast, is recognized for its scenic landscapes and diverse municipalities, including prominent locales such as Clearwater, St. Petersburg, and Dunedin. The county’s appeal extends beyond its cultural offerings to encompass outdoor recreational activities, with pristine beaches, water sports, […]

West Side Cleveland Multi-Tenant Market Report Market Overview The West side of Cleveland offers a blend of old-world charm and modern attractions, with notable landmarks like the West Side Market, a historic public market dating back to 1912, which continues to draw food enthusiasts from near and far. This area is also known for its […]