Category: Retail

Now Trending in Urban Retail CRE

urban shop

Last week, Llenrock sponsored the Cornell Real Estate Council Philadelphia Panel, a gathering of alumni and members within the commercial real estate industry. The luncheon and panel was lively and insightful all thanks to the topic of the day: urban…

Tim Hortons vs. Dunkin’ Donuts: A Clash of the Titans

dunkin donuts vs tim hortons 2015

Today we’re talking about doughnuts and coffee and their impact on commercial real estate. As you are no doubt aware, doughnuts and coffee are the two greatest things in the entire world. As such, this segment of the quick-service restaurant…

Brick and Mortar Retail: Nothing Normal About the New Normal

sbcs

The evolution of real estate is a constant process. As new advances in technology, demographic and cultural shifts, and activity from outside commercial sectors dictate new or different uses for commercial property, we see more and more changes in real…

Mmmm… Tofurkey

tofurkey

Today’s Llenrock Blog Thanksgiving Day Blog Post Is Brought To You By… Tofurkey! “Tofurkey: America’s Favorite Texturized Meat Analogue for 30 Years” Yes, Tofurkey. It’s what the pilgrims would have wanted. In addition to sharing a picture of what I’m having for…

World’s Biggest Drug Deal

rite aid walgreens merger pills

The big news from the retail space last week was Walgreens‘ (NASDAQ: WBA) announced intention of acquiring its competitor, Rite Aid (NYSE: RAD), in a cash and debt deal valued at $17.2 billion. In what will surely be remembered as one of the…

Tangled Up in Grassroots Opposition

protest of development land use zoning etc

I want to talk about the “NIMBY” effect–which is to say, the Not In My Backyard obstructionism that often stymies development and economic growth in communities throughout the country. But before I touch on that, let me touch on a…

Lidl und Aldi in Amerika!

lindl und aldi in amerika

The Germans are coming–and this time they’re bringing small-footprint grocery concepts and lots of cold hard cash. As if the U.S. grocery sector weren’t crowded enough, two major German operators, Lidl and Aldi, are ramping up their expansion on U.S.…

A&P: An American Icon (For Sale! Cheap!)

220px-A&P_logo_pre-1975

America’s most iconic and historically significant retail chains are broke–if not gone altogether. Case in point: the ever-cash-strapped Sears (1886-???), the famous Woolworth’s chain (1878-1997), and department store pioneer Strawbridge’s (1868-2006). These chains’ enormous success decades ago is something they can rarely…

Market East: Philadelphia’s $1.5 Billion Neighborhood Makeover

marekt east philadelphia

Center City Philadelphia is among the most vibrant and substantial CBDs among U.S. cities. (Sure, Manhattan blows it out of the water, but that’s Manhattan…) While I’m not a particularly big fan of Philly during the winter, its neighborhoods really…