Retail Chatr

Still Looking for Suckers (South El Monte Style)

Chris Rodriguez — Tue, 10 Aug 2010 22:00:15 +0000

This is my first post in a very long time. The only reason I am posting today is because I didn’t really have to do anything to put this post up. The following analysis is from an email I just received breaking down a recently listed retail center. Needless to say, the property is way [...]

Movie Gallery to Close All 2,415 Stores

Chris Rodriguez — Mon, 03 May 2010 03:10:54 +0000

Filed under Another Tech Takedown: From Zero Hedge: Movie Gallery’s Chapter 22 just turned into a 7. The WSJ reports that the firm has decided to shutter all of its 2,415 stores and liquidate completely. Previously, the bankrupt movie rental chain had hoped to continue operating with a trimmed down asset base, and close just [...]

The Turbo Encabulator

Chris Rodriguez — Sat, 01 May 2010 05:42:26 +0000

A little weekend comedy: (from TechCrunch)

Get Over The Hurdle

Adam Indihar — Fri, 30 Apr 2010 01:56:26 +0000

After marketing a what I knew would be a very attractive Southern California single tenant NNN investment for the last week and speaking with many brokers & principals on about the opportunity, it has become readily apparent that a large percentage of the active buyers in today’s market are applying their same arbitrary return hurdle [...]

No Value Premium for Assumable/Owner Financing

Adam Indihar — Thu, 29 Apr 2010 18:30:54 +0000

This is just a quick opinion on the role assumable financing plays in the value of an investment property. It is very interesting that many properties are marketed with the assumable financing being a major benefit, when many times it really is more of a detriment or unattractive. Even worse is that some sellers believe [...]

More on CRE Titles

Chris Rodriguez — Thu, 29 Apr 2010 17:59:54 +0000

I just noticed this just published press release with a sole purpose of announcing the promotion of a CRE broker at a local CRE brokerage company from Vice President to Senior Vice President. I have already posted my thoughts on titles at CRE brokerages. Needless to say, I think they are meaningless.Related Posts: Titles at [...]

CoStar Website Saga – Episode 4

Chris Rodriguez — Thu, 29 Apr 2010 07:23:37 +0000

In a post on the CRE blog Agent Genius this past Monday morning, author Duke Long listed what he believes are 32 key commercial real estate sites with which everyone should be familiar. Notably absent from Duke’s list is CoStar. No big deal. Unless you work for CoStar, that is. A CoStar employee named Scott [...]

Breakdown: My Analysis of a Deal That Was Too Good To Be True

Chris Rodriguez — Sun, 25 Apr 2010 16:59:22 +0000

I have been asked by more than a handful of friends and colleagues to write a post on a specific listing in Simi Valley, CA that was recently brought to market by CBRE. I decided to put my thoughts in writing and attempt to explain how exactly I would break this particular deal down and [...]

CREOBA in My Back Yard. Can’t Believe I Missed it.

Chris Rodriguez — Fri, 23 Apr 2010 22:08:10 +0000

Just this past week (on April 21st) my buddies from the Commercial REO Brokers Association (CREOBA) were holding court in my back yard – and I missed it! In looking over the email announcement it appears the main topic of the event (other than networking with the key movers and shakers in commercial REO???) was [...]

No Debt Available For Good Deals? Correct.

Chris Rodriguez — Tue, 20 Apr 2010 18:15:26 +0000

Yesterday, John Reeder wrote a post on Marketwise titled "There’s No Debt Available, Even for Good Deals." In the post he pokes fun at the masses crying about the lack of available debt and makes the point that the only reason they can’t get debt is because the deals suck. This may be true for [...]

Introducing MARKETWI.SE

Chris Rodriguez — Thu, 15 Apr 2010 12:37:57 +0000

The following is the content of my first blog post on the newest website to enter the CRE news community, MARKETWI.SE. I will be contributing regularly to MARKETWI.SE and may even cross-post everything I write hear to MARKETWI.SE. I haven’t decided yet. What this means to you is that you will now have to religiously [...]

12 Amazing Walmart Stats

Chris Rodriguez — Tue, 13 Apr 2010 00:35:21 +0000

I just got this email and had to share. There are some pretty amazing facts about Walmart here (assuming all are true). 1. Americans spend $36,000,000 at Wal-Mart every hour of every day. 2. This works out to $20,928 in profit every minute! 3. Wal-Mart will sell more from January 1st to St. Patrick’s Day [...]

Walmart Growth Visualized

Chris Rodriguez — Thu, 08 Apr 2010 23:30:44 +0000

This is a cool visualization showing the growth of Walmart from the opening of its first store in 1962 to present. The graphic does not show international growth but based on past history, world domination should not be far off. I’m pretty sure Walmart has already announced plans to enrich uranium and build centrifuges. Related [...]

Phoenix Retail Sucking Wind

Chris Rodriguez — Tue, 30 Mar 2010 16:44:14 +0000

The Phoenix Business Journal published a not-so-surprising article this past Friday about the state of retail shopping centers in the Phoenix MSA. The article paints a dismal picture for the state of retail in Phoenix. According to David Wetta, director of Marcus & Millichap’s national retail group, there are 1,753 retail properties in the Valley [...]

The Answer to an Age Old Question Finally Confirmed

Chris Rodriguez — Fri, 26 Mar 2010 19:06:06 +0000

You can figure out the question being answered on your own. (Hint: It is the title of the video.)