A Bankruptcy May Be in Forever 21's Future, But the Chain Will Survive, Expers Say

A Bankruptcy May Be in Forever 21's Future, But the Chain Will Survive, Expers Say

Fast fashion in general has over-expanded. Forever 21 , specifically, opened stores in many class-A malls and then went into B and C malls. The retailer is in some markets that really aren’t large enough to support its stores. Jeff Green of Hoffman Strategy Group spoke to National Real Estate Investor about Forever 21’s future and that of other fast fashion retailers in the article below.

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Do mall owners anticipate more consolidation?

Do mall owners anticipate more consolidation?

Dan Sheridan of Hoffman Strategy Group provides insights on consolidation in the mall industry in this ICSC article. For Sheridan, who has served in senior roles at The Irvine Co. and GGP, the big question is, What happens to the mall that are B-plus and below? Who ends up owning those malls? Will those owners have the resources to maximize that real estate?

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Lehigh Valley Mall plans two restaurants along MacArthur Road. Could Dave & Buster's be one of them?

Lehigh Valley Mall plans two restaurants along MacArthur Road. Could Dave & Buster's be one of them?

It seems as though some best-in-class malls, even in smaller markets, are bringing in more food service and entertainment uses. Jeff Green of Hoffman Strategy Group spoke to The Morning Call newspaper about this phenomenon at Allentown's Lehigh Valley Mall in the article below.

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Dorms developer plays defense in project next to Cal State Bakersfield campus

Dorms developer plays defense in project next to Cal State Bakersfield campus

Colleges are experts at building classrooms and increasingly turn to outside developers for help developing student housing. Jerry Hoffman of Hoffman Strategy Group spoke with the Bakersfield Californian about the importance of building social capital between the college or university and community to the success of a project.

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Corporate bankruptcies drive latest Mall at UTC exits

Corporate bankruptcies drive latest Mall at UTC exits

A large brick-and-mortar presence, large store footprints and not a lot of brand differentiation are causing retailers to file bankruptcy and close stores. Jeff Green of Hoffman Strategy Group spoke with the Sarasota Herald-Tribune about the impact of store closings at the Mall at University Town Center.

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Payless ShoeSource's 2,100-Store Shutdown Due to Inability to Compete with Department Stores, Says Analyst

Payless ShoeSource's 2,100-Store Shutdown Due to Inability to Compete with Department Stores, Says Analyst

The store closures continue. Payless announced late last week the closure of all 2,100 of its US stores. Jeff Green of Hoffman Strategy Group spoke with Real Estate Business online about the reasons for their demise in this article.

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Market Factors that Must be Considered in Student Housing and Mixed-Use Developments

Market Factors that Must be Considered in Student Housing and Mixed-Use Developments

Student housing developers know students and what drives students and their parents to make housing decisions. “To create a genuine mixed-use place in a university setting, however, developers must fully understand the broader market,” says Dan Sheridan, partner with Hoffman Strategy Group. Without this understanding and knowledge, a mixed-use project can become a mixed-up project.

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Elyria Courtyard Marriott to Open in August

In 2016, Mayor Holly Brinda commissioned Jeff Green, head of Jeff Green Partners, and the Hoffman Strategy Group to assess and create a redevelopment plan and conceptual site design for Midway Mall that could serve as a tool for development and a selling point to anyone willing to invest in the mall’s potential.

In the plan, Jerry Hoffman said the market needs another hotel — possibly an 80-room or similar-sized upper- to midscale brand hotel by 2020.

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