• Home
  • About Me
  • Blog
  • Sublease Central
  • Tenant Tips
  • Tenant Resource
    • Office Furniture Vendors
    • Commercial Tenant Improvement Contractors
    • Residential Real Estate Brokers
    • Commercial and Business Insurance
    • Recommended Business Books
  • Newsletter

+1 (925) 279 5590

Find Our Location
jeff.weil@colliers.com
officetimes.com officetimes.com
  • Home
  • About Me
  • Blog
  • Sublease Central
  • Tenant Tips
  • Tenant Resource
    • Office Furniture Vendors
    • Commercial Tenant Improvement Contractors
    • Residential Real Estate Brokers
    • Commercial and Business Insurance
    • Recommended Business Books
  • Newsletter

June 24, 2020 Insights on Retail Leasing By Top Industry Expert

Jun 17, 2020 | Posted by Jeff Weil | California Economics, Commercial and Business Insurance, Commercial Real Estate, Commercial Tenant Improvement Contractor |

Julie Taylor, Executive Vice President with Colliers International, was interviewed in a podcast on June 24, 2020 by THEREGISTRY about the current situation and future prognosis for San Francisco Bat Area retail. Here are a few highlights from this. Retailers are reexamining their supply chains and may look for multiple routes, and more domestic vendors so they are not so dependent on one or two overseas sources. There may be a  shift in certain retail segments to have the rent tied more to how the business is going, with the landlord benefiting when times are good and subsidizing when times are tough.  There will be fallout with a number of retailers not surviving the Pandemic downturn. The credit of the retailer doesn’t necessarily mean anything as a whole lot of credit tenants stopped paying rent during this crisis. San Francisco is an expensive place to do business, and their fees to open a new retail business are through the roof. Julie was working on a 1,200 square foot one-year retail popup where the landlord was dropping the rent 70% just to get the space tenanted, but the city fees were more than the total rent and the deal collapsed.. On-line presence for retailers is an absolute necessity to survive these days.

Post Views: 460
Tags: officetimes
1
Share

You also might be interested in

Insight from the Transwestern Commercial Executives

Apr 16, 2020

Yesterday I was on a webinar with Larry Heard, CEO,[...]

Office Sublease Space Beginning to Flood San Francisco

Apr 29, 2020

According to a recent Savills Research report, over the past[...]

On A Scale of 1-10, New York City Commercial Brokers’ Confidence Is Below 2

Jul 28, 2020

www.bisnow.com reported today that New York City brokers do not[...]

Jeffrey Weil, CCIM, MCR.h, SIOR

Executive Vice President
San Francisco Bay Area
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, Ca 94507
CA Lic. 00786195
Phone: +1 925 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com

Categories

Find us on

Call or Email Me!

We're not around right now. But you can send us an email and we'll get back to you, asap.

Send Message
Solving Your Commercial Real Estate Needs Find Commercial Space Today!

Contact Information:

  • Jeffrey Weil
  • Colliers International
  • 1850 Mt. Diablo Blvd., Suite 200
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • officetimes.com

Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

Copyright © [2018] — Officetimes.com. All Rights Reserved.

Prev Next