Eric Penney (@espcommercial) 's Twitter Profile
Eric Penney

@espcommercial

Business is fun, relationships are better. CRE pro focused on retail real estate, Self Storage, brokerage and development nationwide. How can I help???

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calendar_today17-02-2024 06:17:22

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Eric Penney (@espcommercial) 's Twitter Profile Photo

With 2024 Retail Live! in the books, I have a couple of macro level takeaways. 1. Retail inventory is low and demand is high. Everyone is chasing the same dirt/centers/spaces. 2. There are so many emerging concepts and brands growing aggressively fueled by PE capital.

RetailGal (@cregalxx) 's Twitter Profile Photo

Every year at ICSC I book back-to-back meetings every 30 minutes for the whole day. Every year I tell myself I won't do that next year. #commercialrealestate #brokers #NNN #ICSC #retwit #retailproperties

Eric Penney (@espcommercial) 's Twitter Profile Photo

Does anyone have a list yet? What’s your take? Is this just good store portfolio management or the tip of the iceberg of inflation casualties? linkedin.com/posts/eric-pen…

Eric Penney (@espcommercial) 's Twitter Profile Photo

This is better than some other SBUX projects we have seen sitting on the market. Holding costs are killing so many developers! Negative yields to leverage are just way too common right now.

Beth Azor, “Canvassing Queen” (@bethazor1) 's Twitter Profile Photo

There is ONE time in a lease deal where YOU (the leasing agent) has leverage. BEFORE you state the rent rate! Collect & gather ALL the info you can BEFORE you state the Rate! They will tell you almost anything you ask, if you ask it. Before you give them the rate!

Bethany | Commercial Real Estate (@bethanyjbabcock) 's Twitter Profile Photo

When I talk to college students I always ask the question. “How many of you want to be developers?” Almost every hand shoots up with gusto. “How many of you are prepared to work for nothing or even pay to keep working for years and personally sign for debt that has a

Broad Reach Retail Partners (@broad_reach) 's Twitter Profile Photo

Our crew is attending Retail Live! Nashville this Thursday, August 15th. Gary Block, Eric Penney, and Dave Rogers will be representing Broad Reach. Please reach out to them if you're interested in connecting. #commercialrealestate #cre #crenetworking

Our crew is attending Retail Live! Nashville this Thursday, August 15th.

Gary Block, Eric Penney, and Dave Rogers will be representing Broad Reach. 

Please reach out to them if you're interested in connecting.

#commercialrealestate #cre #crenetworking