Search
 

Be Open-Minded About Retail Tenants

The soft-good tenants that used to occupy big boxes are no longer what Millennials want to see in those spaces, and retail landlords need to be tuned in to their tastes, which often revolve around entertainment, NKF’s Dan Samulski tells GlobeSt.com.

Dan Samulski Samulski: “I look at a lot of the downsizing and closures as opportunity—it creates opportunity for new tenants to the market. It provides opportunities for tenants that have tried to get into a particular trade area and haven’t been able to get into retail space.”

NEWPORT BEACH, CA—The soft-good tenants that used to occupy big boxes are no longer what Millennials want to see in those spaces, and retail landlords need to be tuned in to their tastes, which often revolve around entertainment, Newmark Knight Frank’s Dan Samulski tells GlobeSt.com. Samulski recently joined the firm’s Newport Beach office as senior managing director, bringing almost two decades of retail expertise in Southern California to his role, including his most recently role as SVP at CBRE.

We spoke with Samulski about his new role and changes in the Southern California retail real estate market.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

More from this author

Recommended Stories

Where Will Net Lease Go In 2024?

Where Will Net Lease Go In 2024?

Brian A. Lee |

Nobody has a perfect crystal ball’ on CRE investment performance in the coming year, but the net lease sector maintains several advantages, including the sale-leaseback.

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.