Business Property Pro

Mike Gioioso, Business Property Pro, "sits" with Ken Yanni of Equity Retail Brokers in Philadelphia, Pennsylvania to discuss the current state of the Triple Net ( NNN ) investment sales facet of the Commercial Real Estate Industry. 

Ken and his team exclusively work on single tenant triple net properties, primarily in the gas, convenience, dining, dollar, automotive and financial categories. The sector is a fun mix of the objective and subjective, blending the innate characteristics of the real estate and geography of its location with the underlying credit of the firms who pay the rent check every month. It's a valuable market rundown on what the post-Covid19 stay at home orders have done to the all-mighty CAP Rates, sector by sector. PLUS some great advice too on what an owner of an asset can do to "win", if their Tenant is asking for relief, that might leave them better positioned to realize value, if the asset is intended to be sold in the near or far term. 

 Mike and Ken are both members of the Retail Brokers Network (RBN) a network of 60+ independent commercial real estate firms throughout North America.   

LET'S TALK REAL ESTATE!   [email protected]  or visit https://www.businesspropertypro.com/ Business Property Pro - Mike Gioioso is Vice President of Brokerage at MacKenzie Commercial Real Estate Services, headquartered in Maryland and serving the greater Mid-Atlantic region including Virginia, Washington DC, Delaware, Pennsylvania and West Virginia  For matters in the Mid-Atlantic related to Property Management, Commercial Construction, Office, Retail or Industrial Leasing or Investment Sales OR Nationally, for matters regarding Geographic Information Services (GIS) or Debt & Equity Capital  - LET'S CONNECT!  

Music: Complicate Ya - Otis McDonald  Cali Buzz - Young Logos

--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Today Business Property Pro Mike Gioioso heads to the "City of Brotherly Love" for a Retail Market update from Commercial Real Estate thought leader, Rob Samtmann.  

 Rob Samtmann has been active in the commercial real estate industry as a Tenant Representation Broker or Landlord Representation Broker in the Philadelphia Metropolitan Area since 1995. At present, he is now a managing Principal with Equity Retail Brokers - www.equityretailbrokers.com   In Rob’s career at Equity Retail Brokers he has been fortunate to work with retailers including ShopRite Supermarkets, Shoe Carnival, Gander Mountain, BJ’s Wholesale Club, Babies R Us/Toys R Us, Lowe’s Home Improvement, Starbucks, Friday’s, Party City, Sleep Number Beds, Vitamin Shoppe, Pep Boys, Firestone, FedEx,  Pet Supplies Plus, Quaker Steak & Lube, Wendy’s, PDQ, Wells Fargo, Travinia, Ten Thousand Villages, Thirsty Lion, Rite Aid, Alton Lane, Capriotti’s, Empire Beauty, Arby’s, PNC Bank, Verizon Wireless, Sleep Number, Lou Lou Boutique, Pet Valu, Primrose Schools, Red Robin, Rumble Boxing, Applebee’s, Lime Fresh, Pancheros, Outback Steakhouse, Ruby Tuesday, TGI Friday’s, STS Tire, Banfield Pet Hospital, Blue Pearl Pet Hospital, C2 Education, Oportun, Rumble Boxing, Noah’s, and Kindercare.  

Rob and Mike frequently collaborate through their participation in the Retail Brokers Network (RBN) - www.retailbrokersnetwork.com , an association of 60+ Independent Commercial Real Estate firms throughout the United States and Canada.   In today's episode we chat about what's on trend in the retail drive through and pad universe, what Rob witnesses working in the current Pandemic-hobbled state of Retail, and we collect some beginner tips on Rob's favorite tech toy.... his DJI Drone!   For more Business and Commercial Real Estate insider insight, please subscribe! or follow me on social @businesspropertypro. www.businesspropertypro.com  

Business Property Pro is the blog of Mike Gioioso, Vice-President of Brokerage at MacKenzie Commercial Real Estate Services.   Mike is committed to serving clients in hopes of achieving their customized goals, whether or not those goals require brokerage assistance. IT'S ALL ABOUT FULL SERVICE   MacKenzie's seven firms provide clients a competitive, full-service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, development, general construction, property and asset management, multifamily management, debt and equity capital placement, and GIS/data analytics.  With more than 225 employees, MacKenzie is one of the largest, non-affiliated full-service commercial real estate firms in the Mid-Atlantic. Together, our associates prove time and again why we are the company you keep.  Let's chat :  [email protected]

--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Business Property Pro Mike Gioioso discusses debt and equity with Brendan Harman of MacKenzie Capital. They run down the quickly adapting picture of various options in Bank financing, Life Companies, CMBS, Bridge Lenders, etc. in the midst of the 2020 pandemic.   I'm Mike Gioioso, Vice President of Brokerage at MacKenzie Commercial Real Estate headquartered in Maryland and serving the Mid-Atlantic Region, including Washington DC, Pennsylvania, Delaware and Virginia.   www.businesspropertypro.com is my personal look book and Business and Commercial Real Estate content sharing forum.   If you have questions or like to discuss real estate, connect with me!   follow us on social @businesspropertypro email me at [email protected] or [email protected] for help in the Mid-Atlantic in any facet of commercial real estate brokerage, development, asset and property management, debt & equity capital, GIS and more.   Theme Music: "Roots of Legend" - Density & Time Intermission Music "Coupe"  - The Grand Affair

--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Business Property Pro -  Mike Gioioso sits down with Owen Rouse to get a longer lens perspective of Commercial Real Estate in the chaos of the Covid19 economic crisis. Owen, an industry veteran of more than 30 years and in all facets and product types of the industry currently serves as Vice President of Brokerage at MacKenzie Commercial Real Estate Services, leading the firm’s investment sales team which specializes in the third-party acquisition and disposition of commercial real estate assets in the Mid-Atlantic region, and advises clients on investments strategies, value maximization, and stabilization.   If you like Commercial Real Estate and Business Insider Insight like this, please like and subscribe (and be sure to hit the bell to receive notifications of new content)!   

Visit BUSINESS PROPERTY PRO Follow us on Facebook https://www.facebook.com/businesspropertypro & Instagram: https://www.instagram.com/businesspropertypro/