In this episode of the Matthews™ Podcast, specialized agents dissect the shopping center sector and the shifts occurring in the space with Matthews™ Market Leader, Matthew Wallace. We are joined by CRE experts Devon Dykstra the Director of Western US Shopping Centers, Tripp Brown an Associate specializing in Shopping Centers, and Grayson Duyck a Matthews™ leasing specialist in the Dallas-Fort Worth market.
Podcast Breakdown
1:04 - How has the shopping center market fared this year?
1:42 - What type of shopping center flourished and which are ones are having more trouble?
2:24 - Who are the big players in the space?
2:58 - Have you seen institutions dipping their toes back into retail?
3:24 - What does the financing market look like for these types of assets?
4:11 - What does the current leasing environment look like for shopping centers?
4:40 - Have landlords been proactive? What leasing strategies and trends have you seen landlords implement to attract tenants?
5:50 - What sector specifically has the strongest leasing momentum and which ones have lagged?
6:58 - What are the rent levels like compared to pre-COVID-19? Has the market caught back up?
8:48 - What does the future of shopping centers look like?
10:36 - Have you seen any creative ways to make shopping centers more versatile from an investment perspective?
12:00 - What's the hottest trend in shopping center development?
13:37 - What other tenants are developers targeting for ground-up development?
14:50 - Parting words of advice for investors looking to get involved in the Southeast, West, and South
For more information on shopping center investment and leasing, please reach out to a Matthews™ specialized agent.