News

Where you once would go to a medical office building to visit your doctor, you can now find your local dentist, physical therapist, or acupuncturist popping up at your neighborhood-anchored retail center. This new concept coined “Medtail” where retail meets medical, is quickly popping up in retail centers across the U.S.  Now more than ever, […]

When you want something bad enough, sometimes driving to another state to get it is worth it. That was the thinking of Las Vegas-resident Steve Jones, who had been eying a golf cart caddy guided by GPS that follows golfers around the course and carries the clubs. He wanted it so bad, in fact, he […]

Harkins Theatres Welcome Guests Back to the Magic of the Movies beginning on August 28 Contact: Jessica Reeves – jessicareeves@harkins.com, 480.627.7777 x117 Scottsdale, AZ, August 25, 2020 – Harkins Theatres, Arizona’s homegrown movie theatre company is thrilled to welcome guests back to the Ultimate Moviegoing experience beginning this Friday, August 28 at all Arizona theatres. […]

Scottsdale, Ariz. — SRS Real Estate Partners has arranged the sale of a single-tenant restaurant property located at 15416 N. Pima Road in Scottsdale. A Texas-based private investor sold the asset to an undisclosed buyer for $3.3 million. Built in 1996, the 3,386-square-foot building features a drive-thru. Wendy’s occupies the property on a corporate-guaranteed, triple-net lease […]

SRSA – Posted on July 31, 2020 Kirsten Early and Stephanie Hilferty of SRSA Commercial Real Estate, with Master Broker Neil Board of Western Retail Advisors, represented the tenant Total Wine in the lease transaction at River Marketplace, 4407 Ambassador Caffery Parkway in Lafayette, LA. Rhonda Sharkawy and Lauren Ryan of Stirling Properties represented the […]

Los Angeles, CA (August 5, 2020) – A new lululemon Pop Up is now open at The Bloc, a vibrant, growing, inclusive community, a LEED™ certified Gold project, and an inflection point in the heart of downtown Los Angeles. Encompassing a full city block along LA’s iconic 7th Street corridor, The Bloc connects the financial, […]

We are witnessing sweeping changes in the consumer real estate sector. Some have come as a result of Covid-19, but this pandemic has only accelerated most. As we learned a dozen years ago, recessions can throw open the door to opportunities for market disruption. After the Great Recession, two unicorn companies were launched: Airbnb and […]

In gratitude for those special moments when you’ve had cause to celebrate, needed comfort food fast, or went out for a perfect family gathering at your favorite eatery – consider lending a helping hand to restaurants when they need it most. Below we’ve collected a list of our clients and friends who need you to […]

  On April 9, 2020, the IRS issued Notice 2020-23 Providing Additional Relief for Taxpayers Affected by the COVID-19 Pandemic.   Anyone with a 45-Day Exchange Period or 180-Day Exchange Period deadline between April 1 and July 15, 2020 will have an automatic extension to July 15th. Unfortunately, taxpayers with deadlines in February and March […]

PRESS RELEASE   PHOENIX, AZ (April 6, 2020) – Western Retail Advisors, a premier commercial real estate brokerage group with offices in Arizona & California, is bolstering its Investment Sales group with the addition of Andrew Lundahl to the firm. Lundahl will be joining the firm as the Director of Investment Sales where he will […]

America’s restaurants need our help!   The coronavirus poses a significant threat to the future of an industry that employs more than 15 million Americans. That’s why a coalition of restaurants is asking for help.   Tuesday, March 31, we’re asking everyone in America to show their support for the restaurant industry by joining #TheGreatAmericanTakeout […]

March 31, 2020 – The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.   Importantly, these loans may be forgiven if borrowers maintain […]

March 26, 2020 The U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  An outline of the key provisions of the CARES Act is available here along with a letter from the President of ICSC.

  Article originally posted on FSR Magazine.com   MARCH 24, 2020 RACHEL PITTMAN   While federal stimulus packages are in the works, it could be awhile before governmental bodies agree on an approach, and before restaurants and other businesses see any cash.   A ROSTER OF FUNDING PROGRAMS HAVE CROPPED UP TO HELP RESTAURANTS THROUGH THE PANDEMIC. […]

Article originally posted on CNBC.com March 22, 2020 | Lauren Thomas   KEY POINTS 1) Dozens of retailers are temporarily closing their stores, marking what is being described as an unprecedented situation. 2) This raises the question: Will these companies still be expected to pay rent? 3) COVID-19 will lead to a lot of negotiating […]

March 20,2020 Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where they operate.   HOW THE PROGRAM CAN HELP Examples: – Keep your workforce going strong – Help with your rent costs – Connect with more customers – Cover operational costs   […]

Western Retail Advisors built their company with firsthand retail experience, in-depth market knowledge, established relationships, and a commitment to best-in-industry technology. These essential components are what set them apart from the rest. Since 2001, their full-service commercial real estate brokerage company has helped clients analyze and predict market trends, scout favorable locations and manage multiple, […]

https://www.thrillist.com/travel/nation/is-phoenix-worth-visiting America’s Friendliest Big City Now Rocks a Legitimately Cool Downtown  By MATT MELTZERPublished On 02/15/2019 @mmeltrez PHOENIX USED TO BE AMERICA’S CANCUN. You’d fly in and check into a resort, where you’d presumably spend the next three days sipping 1,000-calorie daiquiris poolside, along with a cohort of divorcees on Eat, Pray, Love-esque journeys. Maybe you’d venture into […]

Uniqlo to open first downtown LA location BY MARIANNE WILSON  August 8, 2018 Japanese apparel giant Uniqlo is coming to hip and happening downtown Los Angeles The retailer will open a store this fall at The Bloc, an open-air shopping and entertainment destination in the heart of the city’s downtown area. The 12,000 -sq.-ft., two-level location […]

The Corners of Brookfield Wins Best New Development By Melanie Lawder – Reporter, Milwaukee Business Journal On a frigid Saturday afternoon this past March, 4,000 children and adults convened in the market square at The Corners of Brookfield lifestyle center for its first-ever Bunny Bash, braving the cool temperatures to hunt for treats. While a […]