Megatrends in Retail Real Estate

1. Front Matter

   Pages i-xiv

   PDF

2. Introduction and Overview

   1. Evolving Retail Properties and Dynamic Retail Markets

      • John D. Benjamin

      Pages 1-9

3. Analyzing and Forecasting the Changing Retail Marketplace

   1. Front Matter

      Pages 11-11

      PDF

   2. Retail Site Selection Using GIS

      • David C. Ling, Greg T. Smersh

      Pages 13-26

   3. Forecasting Shopping Center Supply

      • John D. Benjamin, G. Donald Jud, Daniel T. Winkler

      Pages 27-42

   4. Changing Demographics and their Implications for Retailing

      • M. Leanne Lachman, Deborah L. Brett

      Pages 43-64

   5. Changing Economic Perspectives on the Theory of Retail Location

      • Mark J. Eppli, James D. Shilling

      Pages 65-80

   6. Estimating Retail Sales Using the Poisson Gravity Model

      • A. Ason Okoruwa, Hugh O. Nourse, Joseph V. Terza

      Pages 81-99

   7. The Shape of Things to Come

      • Stephen E. Roulac

      Pages 101-137

4. Retail Real Estate Investment Returns

   1. Front Matter

      Pages 139-139

      PDF

   2. Past and Future Sources of Retail Real Estate Returns: Malls versus Centers

      • Joseph L. Pagliari Jr., James R. Webb

      Pages 141-169

5. Financing Retail Properties and Mortgage Securitization

   1. Front Matter

      Pages 171-171

      PDF

   2. Securitization of Retail and Shopping Center Properties’ Mortgages

      • Randall S. Guttery, C. F. Sirmans

      Pages 173-199

   3. Retail Mortgage Securitization

      • Alisa J. Freundlich

      Pages 201-212

6. Operations of Retail Properties

   1. Front Matter

      Pages 213-213

      PDF

   2. Shopping Center Tenant Selection and Mix

      • Michael A. Anikeeff

      Pages 215-238

   3. Controlling Leasing Conflicts between Retail Owner/Managers and Tenants

      • John D. Benjamin, Cris de la Torre, Jim Musumeci

      Pages 239-259

   4. Suffering the Loss of an Anchor Tenant

      • G. Stacy Sirmans, Dean H. Gatzlaff, Barry A. Diskin

      Pages 261-276

   5. Planning Issues in Retail Development

      • Robert A. Simons

      Pages 277-291

7. New Retail Marketplaces

   1. Front Matter

      Pages 293-293

      PDF

Retail real estate properties and their marketplaces are in a constant state of change. The emergence of such new and growing value formats as warehouse clubs, factory outlet malls, and other powerful discount formats provide traditional shopping centers and malls with increasingly competitive challenges. These value and discount retail formats generate higher sales per square foot and have lower construction costs than many traditional retail properties. Combined with the slow growth in retail sales and the increasing alternatives to in-store retailing, a question mark hangs over the future of retail marketplaces and the retail formats that will be the leaders of the future.
Megatrends in Retail Real Estate allows the reader to analyze and forecast changes in the retail marketplace. The book presents a simple model to analyze and predict mall and shopping center investment returns. It then examines the financing of retail properties and securitization of their mortgages, as well as the operations of retail properties. Finally, the book analyzes new retail marketplaces and the international retail arena.

• Canada
• Capital Markets
• Financing
• Investment
• Leasing
• Real Estate
• Real Estate Investment
• Shopping Center
• United States

• American University, USA

  John D. Benjamin

Policies and ethics