Market Monday: June 2020 Retail Update

Monday, July 13th, 2020
Verani Commercial

Not surprisingly retailers are a litttttle leery signing new leases in the midst of a pandemic. Even with businesses beginning to open up across the country in May and June, there are still too many unknowns out there.

Among those questions are:

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The "New Normal" Post Pandemic: Retail

Friday, July 10th, 2020
Verani Commercial

Could this be the jab to the throat brick-and-mortar retail was trying to avoid? Back in February forecasts were predicting that U.S. retail would see moderate growth somewhere around 2.8% in 2020. This was PC (pre-COVID), of course. Now, the newest available data is showing that U.S. retail sales will most likely decline 10.5% this year, and those getting hit the hardest will be brick-and-mortar retail stores.

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The "New Normal" Post-Pandemic: Restaurants

Monday, May 11th, 2020
Jennifer Camille

Normalcy in everyday life certainly seems like a distant dream for most of the United States right now. With radical changes to how we work, shop, eat and otherwise live thrown at the country so suddenly, one thing is for certain – the way we go about our lives is going to be very different once the dust has settled from this COVID-19 pandemic.

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Can someone tell me...where has all the service gone?

Wednesday, April 1st, 2020
David De Lise

As the first quarter comes to a close, I wanted to take a moment to share my perspective on a growing trend that seems to be taking shape across the retailer landscape...big box stores, regional stores, service businesses - no one is exempt. What has happened to the service in the phrase ‘customer service’?

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Market Monday: February 2020 Retail

Monday, March 30th, 2020
Verani Commercial

Even with a strong Holiday season at the end of 2019, brick and mortar stores have been struggling to increase in-store sales and compete with online giants. Coming into 2020, experts anticipated that there were going to be a number of store closings in addition to the previously announced upcoming closings.

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Lucciano's Finds New Home at Appletree Shopping Center

Thursday, March 12th, 2020
Verani Commercial

Lucciano‘s Italian Ristorante & Bar has leased 5,100+/- SF adjacent to Shaw’s Supermarket. Owned and operated by Tina and Lou Hatsiandrou the new space is almost triple the size of their previous restaurant where they built up a local following and reputation for offering gluten free pastas and baked goods for 20 years. The new restaurant has 164 seats and a custom-designed wooden bar top that seats an additional 18 guests.

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Ground Lease vs. Build-to-suit - What's better for me?

Monday, December 16th, 2019
Jennifer Camille

So you have a prime piece of land you want to do something with. You know you can get a good price if you sell it, but something in the back of your mind says “I wonder if it would be better to lease it to someone for 20 years instead?”. Who leases empty land anyway?

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The Revival of Brick & Mortar Shopping this Holiday Season

Wednesday, November 27th, 2019
Lindsey Goodrich

This year’s holiday season is looking favorable for retailers. With the economy, household incomes and employment levels holding steady, ICSC is anticipating a 4.9% increase over last year’s $832.3 billion holiday sales. The average American adult is expected to spend nearly $700 on holiday-related items including gifts and decorations. 

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Change is good: Emerging Retail Corridors in NH

Monday, October 28th, 2019
Ron Perry

Change is inevitable. Over time we all age, and this is also true for real estate. In 1986, the Pheasant Lane Mall opened their doors to the public and, at the time, it was the only mall in the Southern New Hampshire area. People drove for miles from up north and Massachusetts to come to this major destination point. Over time, businesses began to pop up along the Daniel Webster (DW) Highway corridor in Nashua. With New Hampshire being a “tax free” state, this area experienced tremendous growth!

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Lindsey Goodrich Featured in NEREJ Women in CRE Spotlight

Monday, September 9th, 2019
Verani Commercial

Berkshire Hathaway HomeServices Verani Realty's own Lindsey Goodrich, of the Commercial Division, was featured in the September 6, 2019 issue of the New England Real Estate Journal. This issue spotlighted the women in commercial real estate (CRE) in New England and Lindsey was in great company with fellow female CRE advisors.

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  1. 2020
    1. July (8)
    2. May (1)
    3. April (1)
    4. March (7)
    5. February (2)
    6. January (1)
  2. 2019
    1. December (1)
    2. November (1)
    3. October (2)
    4. September (2)
    5. August (3)
    6. July (1)
    7. June (1)
    8. February (1)