Wow!! Check out the article below. Amazon has announced their first cinema ! The dominant leader in on-line experience(retail, streaming etc) is now moving more into “bricks and mortar”. With Amazon’s investment in content production it makes sense. Combined with Amazon’s growing investment in grocery and other retail concepts there is a clear message that bricks and mortar retail and
Commercial Real Estate
Hindsight, Foresight, and Insight

A prominent retail property owner recently commented to me that “our ability as human beings to predict the future is pretty limited.” Meanwhile, at last month’s ICSC, I was reminded that the problem with most available data on retail property sales is that it’s backward-looking. In short, our foresight is flawed, and hindsight often misleads us. The key to retail…
In Retail Real Estate Investing, Value doesn’t mean Cheaper

This past week, a major West Coast shopping center developer told me, “Value doesn’t always mean cheaper.” He went on to explain that this principle applies broadly to many financial sectors, but has special relevance for retail real estate. At the heart of the matter, a triple-A retail location has value that transcends traditional investment metrics. Properties at these prime…
2022 Third Quarter Market Report
“Following record-breaking commercial sales production in Q2, deal volume returned to more typical levels in Q3, as interest rate hikes began to create pricing friction in the South Coast market. Nevertheless, 2022 is already a banner year for sales.”
Some Q3 Highlights:
- Commercial sales activity decelerated in Q3, but is still on pace for record transactions and dollar volume for
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It’s Better on Act What You Know Then to React to What You Don’t know. Or Paralysis by Analysis.
October 2022

“I am waiting for the market to crash to find great deals.” – NYC Retail Property Buyers
“Someday never comes.” — Creedence Clearwater Revival
I’ve been a retail real estate broker in NYC since February 4th, 2001, through multiple downturns, upturns, and side turns, and each one has been different. Through it all, I have heard the first…
Calling all perfectionists
How many of us are tough on ourselves, constantly focused on what we miss or where we fall short. Perhaps it is healthy for us to forgive ourselves a bit, to be aware of how demanding we are- not fight it, but with awareness take away some of the self-inflicted and corrosive sting to ourselves? Each of us is doing…
For Sublease: Tech and R&D Space
Prominent building located in the Castilian Creative Campus, in the heart of Goleta’s boomingTech hubs. Close to US 101, Santa Barbara Airport, UCSB, and numerous retail amenities and shopping centers.
For more information call Liam Murphy, CCIM (805) 898-4385 or liam@hayescommercial.com
PacBiz Times: As working from home becomes the new norm, big companies look to sublease surplus space
In this article Liam Murphy, CCIM shares sublease insights with Pacific Coast Business Times‘ reporter Brooke Holland.
For your copy of Hayes Commercial Group’s Market Report or to discuss your commercial space needs, email liam@hayescommercial.com
2022 Second Quarter Market Report
“As we observed in our last report, both investor and owner-user purchases have been on the rise, but investor activity has grown at a higher rate.”
Some Q2 Highlights:
- Record year-to-date sales volume continued the trend from late 2021, led by a pronounced return of investors.
- The heavy sales activity spanned all property types (expect commercial land) and locations throughout
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Top Realtor POV: Home Ownership Not Required!
by Cynthia Cummins
Cynthia is owner and founder of Kindred SF Homes and a top San Francisco Realtor. Check out RealEstateTherapy.org for refreshing reflections on the meaning of home and for more best real estate advice (since 2013).
Reading time: 2 minutes
“The fellow that owns his own home is always just coming out of a hardware store.” ~ Kin…