Leaning In is a podcast exploring the future of mixed-use real estate. Trademark Property Company CEO Terry Montesi, and other executives, speak with experts from various backgrounds and areas to discuss brick-and-mortar retail in an e-commerce world and what it looks like to lean into it while others are leaning out.
Follow Leaning In to hear future discussions about mixed-use real estate every second and fourth Wednesday of the month.
In this week’s episode of Leaning In, we revisit one of the year’s most popular episodes with International Workplace Group’s CEO Mark Dixon. Trademark’s Managing Director and Chief Investment Officer, Tommy Miller, talks with Mark about flexible office workplaces and how IWG has maintained a reputation as an industry leader even through the 2020 commercial office disruption. Mark shares his thoughts on the future of flexible workspaces, and IWG’s latest office concept launch at Trademark's First Street Napa development. Finally, the two discuss the significance of office amenities and location in a post-pandemic world and Dixon’s expanding wine and hospitality empire in France and the UK. Leaning In is published every second and fourth Wednesday of the month. Be sure to subscribe to hear the next episode. Timestamps (0:52) - Can you describe the services and products you offer at IWG? (2:33) - How many locations and countries do you operate in today? (3:01) - How important is it to be global in this business? (3:45) - Can you talk about the maturation of the service office business since you came into the industry? (5:14) - What have been the biggest challenges you’ve faced and how did you overcome them? (7:17) - How do companies benefit from the services you offer? (9:05) - How has competition like WeWork impacted the market? (11:49) - What do you think differentiates IWG from this new competition? (13:20) - How important is design to the office workplace today? (15:21) - What do you see as the future of office post-covid? (18:24) - How has being located in local secondary option offices worked for you as opposed to the traditional office building? (22:05) - How has the pandemic influenced the interior design of your centers? (24:48) - What’s been the customer response to your new center in Napa, CA? (26:54) - How are exurbs like Napa being impacted by the exodus from dense urban areas like San Francisco? (30:39) - Mark’s interest in wine, farming & hospitality (32:45) - What do you see as trends in the wine industry today and how is it changing?
37 min 7 sec
In this episode, JLL’s CEO of Capital Markets Americas, Mark Gibson, joins Terry Montesi and Tommy Miller to discuss a wide range of topics -- from inflation to supply chain issues -- and their impact on capital markets. Mark comments about the recent JLL and HFF merger, and names two property sectors he expects to boom. The three also discuss real estate investors’ motivations, while Terry and Tommy share what’s new across the Trademark portfolio. Leaning In is published every second and fourth Wednesday of the month. Be sure to subscribe to here the next episode. Timestamps (0:56) - Mark’s thoughts on the JLL & HFF merger (3:30) - Mark’s update on the real estate capital markets in retail, multifamily and office (6:57) - Thoughts on inflation, stagflation, and the global supply chain issues’ impact on capital markets in the next 24 months (11:00) - What’s your view on multifamily development and investing over the next 3-7 years? (12:39) - What’s your view on retail over the course of the same period? (14:20) - How will office will be affected with the long-term impact of Work From Home? (18:22) - Is there a trend away from the ‘Midtown Manhattan’ of hundred story office buildings into more mid-rise concepts that are easier to get in and out of? (19:35) - Creativity in WFH situations (22:34) - What research have you seen on product sector performance in mixed-use projects? (26:49) - Are there any macro trends out there that you’re seeing emerge that will be quite powerful? (29:07) - Do you think the surge of capital into the retail sector is sustainable? (31:41) - Gateway market performance (34:07) - Where do you see investor appetite for regional malls? (36:13) - Terry and Tommy’s thoughts on capital allocation going forward in mixed-use and multi-family
41 min 30 sec
In this episode, Terry Montesi, Trademark’s CEO and founder, and Ellen Dunham-Jones, author, professor and director of Georgia Tech’s Urban Design program, pickup their discussion about suburban redevelopments. Ellen explains the importance of community and how implementing green spaces in redevelopments provides a perfect platform for people to gather and connect. Terry and Ellen share their predictions for the future of urban and suburban markets after identifying current mixed-use trends in both locations. Stay tuned through the end to hear why Ellen believes there is a new kind of retail real estate on the way. Leaning In is published every second and fourth Wednesday of the month. You can find the first half of Terry and Ellen’s discussion on your preferred podcast app and tune in for our next episode with Mark Gibson, CEO of Capital Markets, JLL. Timestamps Retrofitting Suburbia Book Series Case Studies in Retrofitting Suburbia Redefining Cities Podcast (0:55) - What are some of the most optimal ways to redevelop a mall that needs to repurpose their square footage? (8:57) - What’s your opinion on the future of mixed use brick and mortar retail in the urban and suburban markets? (13:37) - Terry’s views on retail performance post-pandemic
18 min 28 sec
Trademark CEO and founder Terry Montesi speaks with Ellen Dunham-Jones, notable author, professor, and Director of Georgia Tech’s Urban Design Program, about her passion for redeveloping suburban commercial properties. The two examine the three stages of redevelopment and express the importance of the third stage: “re-greening” projects. Ellen also shares her thoughts on revitalizing communities across the country, and how to handle the plethora of dying malls. At the end, Ellen discusses her exciting new book project and how it will influence the future of commercial redevelopment. Leaning In is published every second and fourth Wednesday of the month. Be sure to follow the show on your preferred podcast app to hear Part 2 of Terry and Ellen’s discussion. Timestamps (1:17) - Ellen’s background and career focus Redesigning Cities podcast (4:00) - What did you learn when researching for your books? (7:41) - The connection between suburban redevelopment and sustainability (12:01) - Ellen’s national Mall Map and thoughts on retail (17:16) - Converting dead malls into green downtowns
21 min 5 sec
For the second half of their discussion, Chuck Steelman, Trademark’s VP of Experience and Al Urbanski, Real Estate Editor of Chain Store Age, discuss prominent trends emerging in retail real estate, including the prioritization of experience for brick-and-mortar retail. Al offers advice for retail developers as they navigate the evolution of retail real estate. Al also shares his favorite retail experiences with Chuck and describes what attributes made each property stand out among the masses. Leaning In is published every second and fourth Wednesday of the month. You can find the first half of Chuck and Al’s discussion on your preferred podcast app, and be sure to follow the show to hear our next episode with Professor Ellen Dunham-Jones, co-author of Retrofitting Suburbia. Timestamps (0:50) - Why do you think experience in retail is so critical right now? (3:18) - Al’s most memorable retail experience (5:56) - What do you see as the biggest current trends in retail real estate? (10:07)) - Do you see the malls of the 80’s continuing to struggle this decade? (11:38) - What advice would you give to Trademark as well as other developers as we navigate the evolution of retail stores? (13:30) - Al on Place.ai’s data that traffic is coming back to malls
15 min 37 sec
In this two-part episode, Trademark’s VP of Experience, Chuck Steelman, sits down with Al Urbanski, Real Estate Editor at Chain Store Age, to discuss the building blocks of experiential shopping. Al gives a peak behind the journalist curtain to share what properties across the nation are doing to better their retail experiences. He and Chuck talk about CSA’s Top 10 Retail Center Experiences of 2021 list and how Trademark’s Galleria Dallas earned its No. 3 spot. Learn what still surprises Al about the industry, even after 10 years working with it, and the top 10 list. Leaning In is published every second and fourth Wednesday of the month. Be sure to follow the show on your preferred podcast app to hear our next episode. Timestamps (0:49) - Al’s background and CSA’s current editorial focuses (2:27) - From your perspective of the industry, what do you think needs to change most in brick-and-mortar retail? And what do you see as the future of brick and mortar? (4:09) - Chain storage recently announced its top 10 retail center experiences for 2021. Trademark’s Galleria Dallas was named number three on that list. Can you please share more about this award? Like what was the criteria and how did you guys find and determine the centers that were named on the list? (7:38) - Are you seeing diversity and inclusion as a growing trend across the industry and did that trend weigh into the top 10 rankings? (12:39) - what makes for a good retail experience and what elements are needed do you think that centers need to incorporate to have a successful guest experience? (14:08) - Over the years, what has been the most surprising thing to you about the list and were there any new surprises this year on that top 10 retail experience list?
16 min 6 sec
Terry Montesi is joined by Ethan Chernofsky, a leading innovator at Placer.ai, for the second half of their discussion on how mobile analytics technology and consumer marketing are shaping the future of commercial real estate. They chat about shopping centers’ evolution and what developing technologies are doing to advance the industry. Ethan explains the relationship between the omnichannel and consumer behavior, as well as his expectations for the future of brick-and-mortar real estate. Leaning In is published every second and fourth Wednesday of the month. Be sure to follow the show on your preferred podcast app to hear our next episode with Chain Store Age's Real Estate Editor, Al Urbanski. Timestamps (0:52) - Do we need to rethink how shopping centers are created? (4:14) - How did the pandemic affect Placer.ai? (7:30) - What do you think the next “Nice to have’s” are? (8:51) - Are you working on technology that can track cross-shopping between stores and extrapolate the profile of the customer? (9:59) - What do you think about omni-channel and how it will evolved over the next 5 years? (12:02) - What trends do you see happening in PropTech over the next decade? (15:00) - How do you see PropTech affecting Brick & Mortar retail?
18 min 45 sec
Leading PropTech innovator Ethan Chernofsky of Placer.ai joins Terry Montesi to discuss their niche in the commercial real estate world, and how Placer.ai’s empowering analytics technology has changed the industry from underwriting to consumer marketing. He uses Placer.ai’s analytics to identify real estate trends, and suggests how more exciting approaches are coming to the world of retail data analysis. Additionally, Ethan and Terry pose the question of which will win in the long run: indoor or outdoor shopping centers? Leaning In is published every second and fourth Wednesday of the month. Be sure to follow the show on your preferred podcast app to hear part 2 of Ethan and Terry's discussion. Timestamps: (1:05) - Placer.ai and Ethan’s involvement in the company (2:21) - What’s all this data that you are collecting? (3:32) - Coming from the digital space into Retail Real Estate (4:36) - Placer.ai’s customers and how they add value (7:05) - Client Case Studies: Developer and Retailer (8:54) - Placer’s Tenant Void Tool (9:58) - Are there any interesting data or surprises you’re seeing coming out of the pandemic? (18:25) - What trends are you seeing around physical retail? (20:10) - What did you learn during the pandemic about indoor and outdoor malls?
21 min 56 sec
Dr. Peter Linneman joins Terry Montesi to continue the second half of their discussion about the current state of the country’s economy, and its influence on the real estate sector. Peter gives a comprehensive overview of the residential real estate economy and explains how the multifamily and single-family markets are simultaneously finding success. They evaluate COVID’s hard reset of the economy, its lasting impact, and the progression of our current economic cycle. Peter also depicts the cause-and-effect of the economic decisions made over the past year and a half, and how those choices can be seen in today’s real estate market. Follow “Leaning In” on your preferred podcast app to hear future discussions about mixed-use and retail real estate on the second and fourth Wednesday of the month. For more information about Trademark, visit www.trademarkproperty.com For more information about Linneman Associates, visit www.linnemanassociates.com Timestamps 1:03) - What do you predict for the future of Multi-family and the sustainability of the red-hot single-family market? (13:35) - Do you see people who may have moved away from the city going back as things settle down? (16:21) - Where are we in the cycle and what should we be watching for? (20:42) - What do you think about the future of outdoor retail or mixed-use developments and has the pandemic and e-commerce impacted your view? (23:41) - Commentary on malls (25:33) - What trends should we be on the lookout for that will drive real estate and the economy over the next 5 years? The Great Age Reset: The New Science of Limitless Longevity by Michael Roizen, Peter Linneman and Albert Ratner (29:01) - What sectors in real estate do you invest in the next 5 years?
30 min 34 sec
Dr. Peter Linneman, Principal of Linneman Associates, joins Trademark CEO, Terry Montesi to discuss the state of the commercial real estate industry midway through 2021. Peter shares his views on consumerism, retail real estate, and how the economic cycle will change as we move closer to the end of the pandemic. Additionally, the two discuss pandemic-induced changes including what trends will cease to exist and what trends will remain after the pandemic ends. Dr. Linneman is a distinguished real estate economist, and serves as the founder and principal of Linneman associates. For more than 35 years, he has advised leading corporations and served on over 20 public and private boards. He is a former Wharton School professor, and was the Founding Chairman of the real estate department and Director of the Zell-Lurie Real Estate Center at the University of Pennsylvania. Leaning In is published every second and fourth Wednesday of the month. Be sure to follow the show on your preferred podcast app to hear Part 2 of Peter and Terry's discussion. Timestamps (1:06) - How do you see the economy as it stands and its impact on real estate? (11:34) - What’s your prediction for the future of the office-business? (16:46) - Business Travel and Remote compromises
20 min 34 sec
In the second half of this discussion, Trademark’s CEO, Terry Montesi, and his good friend Ken Bernstein, President and CEO of Acadia Realty Trust, discuss investment strategy and how it, along with urban and suburban real estate markets, have transformed during the pandemic. The two talk about omnichannel retailing's dependency on brick-and-mortar, and how retail real estate supply and demand is shifting as we ease out of the pandemic. Terry and Ken share advice for young professionals and why they see retail as the “New York” of the real estate industry: If you can make it there, you can make it anywhere! Follow “Leaning In” to hear future discussions about mixed-use and retail real estate every second and fourth Wednesday of the month. For more information about Trademark, visit www.trademarkproperty.com For more information about Acadia Realty Trust, visit www.acadiarealty.com. “Leaning In” is produced by Straight Up Podcasts. (0:47) - What key retail trends do you see as most influential for Brick and Mortar the next few years? (3:57) - What do you see happening for the future of mixed street and shopping centers in the United States? (7:06) - Acquiring real estate properties in order to shrink their retail footprint (9:47) - What Terry is seeing in terms of tenant demand to get in vs. those wanting to move to open-air spaces (13:57) - Advice to young RE professionals looking to get into retail mixed-use
17 min 54 sec
As the country continues to reopen, how will the retail real estate landscape change? In part 1 of this two-part episode, Trademark CEO, Terry Montesi, joins his long-time friend, Ken Bernstein, President and CEO of Acadia Realty Trust, to discuss his background and how he started Acadia. Ken explains his diverse portfolio and how targeting both open-air centers and urban assets has led to success, even through the pandemic. The two explore the unique effects of COVID-19 on retail real estate and debate which trends are here to stay. Follow “Leaning In” to hear future discussions about mixed-use and retail real estate every second and fourth Wednesday of the month. For more information about Trademark, visit www.trademarkproperty.com For more information about Acadia Realty Trust, visit www.acadiarealty.com. Timestamps: (0:54) - Ken’s background and journey to co-founding Acadia Realty Trust (3:11) - Acadia’s portfolio and current strategy (5:09) - What did you observe and learn during the pandemic from suburban and urban properties in your portfolio? (9:34) - Omni-channel and the importance of Brick and Mortar (10:53) - Acadia’s strategy going forward when thinking about open air vs. enclosed mall-type properties (14:40) - Do we need less Brick and Mortar to account for the rise in e-commerce? (18:36) - The importance of delivering ‘experience’ when setting projects apart from competitors (21:04) - What have you learned monitoring the re-opening of the country over the past few months? (26:59) - Angst and concerns around demand levels after the stimulus period has worn off and normality sets back in
33 min 56 sec
In part two of this discussion, CEO Terry Montesi and his friend Jeffrey Bayer, CEO of Bayer Ventures and Founder of Bayer Properties, talk about how oversupplied retail impacts mixed-use development in the U.S. They add how recent trends, innovations and technologies influence future brick-and-mortar retail expectations. Jeffrey wraps up the conversation sharing his current projects, including his work with his daughter’s company at Dallas’ Katy Trail. Stay tuned to the end where Jeffrey shares additional thoughts about the future of retail and suburbanization. Follow “Leaning In” to hear future discussions about mixed-use and retail real estate every second and fourth Wednesday of the month. (0:48) - The oversupply of retail and how it impacts development (7:47) - What will be the most significant change agent for retail moving forward? (9:44) - Retail Darwinism (13:08) - redeveloping ‘Power’ properties & malls (19:04) - What trends will affect brick and mortar retail the next 5-10 years? (20:48) - The Katy Trail project Jeffrey’s kids are working on (24:20) - Jeffrey’s additional thoughts on suburbanization trends and their impact on the future of brick and mortar retail
27 min 32 sec
What are the needed change agents in retail real estate and where should we go from here? In part one of this two-part episode, Trademark CEO Terry Montesi talks with his good friend Jeffrey Bayer, CEO of Bayer Ventures and Founder of Bayer Properties, about his journey into real estate and founding Bayer Properties, as well as what he learned and what he would do different if he were restarting his career today. Jeffrey and Terry share what they see as current retail trends, the role of newer and growing suburbs in the future of retail real estate and how retail needs to evolve moving forward. For more information about Trademark, visit www.trademarkproperty.com Timestamps: (1:26) - Jeffrey’s Background and his journey into Retail Real Estate and large Mixed-Use projects (2:55) - The story behind founding Bayer Properties (6:41) - Why have you stepped down from Bayer leadership and what are you working on today? (10:12) - What are some key lessons you’ve learned in your career of building mixed-use projects? If you were starting today, what might you do differently? (14:11) - Is mixed-use becoming a product for the affluent consumer only? (17:37) - What Jeffrey would have done differently in building mixed-use projects (18:55) - Jeffrey’s perspective on how the retail and mixed-use businesses will be, has changed, or will be changed by the pandemic (20:15) - Terry’s thinking on retail and mixed-use after the pandemic (22:54) - What’s the likelihood we see an explosion in women’s fashion?
26 min 55 sec
In the second half of their conversation, Trademark’s Tommy Miller continues with IWG's CEO Mark Dixon about the importance of purposed-based design in flexible workspaces and the mixed-use environment. The two review IWG’s latest concept launch at Trademark's First Street Napa development, and how COVID heavily influenced the final design of this new space. Finally, the two discuss the significance of office amenities and location in a post-pandemic world, and Dixon’s expanding wine and hospitality empire in France and the UK. Be sure to hit the subscribe button to hear future discussions about mixed-use real estate and flexible workspaces. (1:01) - How has the pandemic influenced the interior design of your centers? (3:45) - What’s been the customer response to your new center in Napa, CA? (5:51) - How are exurbs like Napa being impacted by the exodus from dense urban areas like San Francisco? (9:36) - Mark’s interest in wine, farming & hospitality (11:42) - What do you see as trends in the wine industry today and how is it changing?
16 min 18 sec
As the world continues to evolve through recent societal changes, ever wonder how everyday life will adapt? When it comes to traditional workspaces, the “new normal” is already on its way. In part one of this two-part episode, Trademark’s Managing Director and Chief Investment Officer, Tommy Miller, talks with Mark Dixon, the CEO of IWG, International Workplace Group, about flexible office workplaces and how IWG has maintained a reputation as an industry leader. Mark shares his thoughts on flexible workspace’s future, competitors’ expectations, and what IWG is doing to overcome today’s challenges. Furthermore, the two discuss important factors like design, amenities and location that will impact the future of flexible workspaces. Timestamps: (0:58) - Can you describe the services and products you offer at IWG? (2:39) - How many locations and countries are do you operate in today? (3:08) - How important is it to be global in this business? (3:52) - Can you talk about the maturation of the service office business since you came into the industry? (5:20) - What have been the biggest challenges you’ve faced and how did you overcome them? (7:24) - How do companies benefit from the services you offer? (9:12) - How has competition like WeWork impacted the market? (11:55) - What do you think differentiates IWG from this new competition? (13:28) - How important is design to the office workplace today? (15:28) - What do you see as the future of office post-covid? (18:30) - How has being located in local secondary option offices worked for you as opposed to the traditional office building?
22 min 40 sec
To conclude their conversation about digitally native brands and bricks-and-mortar retail, CEO Terry Montesi and Chris Knott, CMO for johnnie-O and founder of men's fashion brand Peter Millar, discuss the “clicks-to-bricks” trend and the role real estate plays in helping apparel retailers maintain relevance. Chris shares what he sees as the future of brick-and-mortar retail and how technology and experience will impact retail in the coming years. Be sure to hit the subscribe button to hear future discussions about mixed-use and retail real estate. For more information about johnnie-O, visit www.johnnie-o.com Timestamps: (0:52) - Can you help us understand the importance of brick and mortar as well as Omnichannel for brands that sell online-only? (4:55) - What do you see as the key for apparel retailers maintaining brick & mortar relevance with their customers? (7:44) - What is your feeling about ‘experience’ in retail? (9:40) - What do you see as the future for Brick & Mortar retail? (12:09) - Terry’s view on the future of Brick & Mortar retail (16:26) - Technology in retail
18 min 33 sec
Why do digitally native brands need bricks-and-mortar? johnnie-O recently opened their first bricks-and-mortar location at Trademark's WestBend development in Fort Worth, with plans for creating additional retail footprints throughout the country. In this two part discussion, Chris Knott, who founded luxury brand Peter Millar in 2001 and left in 2015, joins Terry Montesi to discuss how the evolution of men's merchandising is on a similar path to how Lululemon reshaped women's fashion trends, with johnnie-O setting the course. The two also discuss Chris' rise in the men's clothing industry, and what attracted him to join johnnie-O to lead their merchandising and design efforts. Be sure to hit the subscribe button to hear Part 2 of Terry and Chris' discussion. Time Stamps: (0:54) - Chris’ role at johnnie-O and how the company got started Peter Millar johnnie-O (3:56) - What’s the backstory of your founding Peter Millar? (8:28) - What spawned this men's casual brands popping up? Vineyard Vines (13:28) - What would Polo Ralph Lauren look like today had they decided to be more selective with where they were available? (15:12) - What’s behind the decision to take the brand to bricks-and-mortar? (18:36) - Why was this the best year ever for you despite the pandemic? (21:32) - How much of the challenges of these failed clothing brands do you toss up to merchandising? (23:57) - The concept of ‘evolve or die’ (26:17) - What are you doing at johnnie-O relative to positioning your product?
28 min 24 sec
ICSC's Jazmen Johnson joins Trademark's VP of Property Management, Maranda Auzenne, and Trademark's Development Project Manager, Monica Luera, to discuss diversity and inclusion in the shopping center industry. Johnson is ICSC's Director of Diversity and Inclusion, and shares her unique perspective on how emerging initiatives will better shape ICSC and the industry as a whole in the future. The three women also discuss Jazmen's background, her plans to increase diversity and inclusion in retail real estate, and what she expects to see in the future as ICSC continues unveiling initiatives to meet its diversity and inclusion goals. Monica and Maranda are members of Trademark’s IDEA Committee. The committee, which stands for inclusion, diversity, equity and access, was founded at Trademark in 2020 to include more voices within the conversations that affect our entire company. ICSC Launch Academy - https://www.icsc.com/find-and-connect/student-resources/icsc-launch-academy JJohnson@ICSC.com University of Georgia study on buying power of minorities - https://news.uga.edu/multicultural-economy/ CREW website - https://crewnetwork.org/about/resources/industry-research/accelerating-the-advancement-of-women-in-commercia Project REAP - https://www.projectreap.org/
21 min 38 sec
In part 2 of this discussion, Terry Montesi and Byron Carlock continue their conversation about emerging CRE trends. They discuss rethinking retail and other uses post-pandemic, e-commerce trends and long-term market share, department stores, and the future of conventional bricks-and-mortar. Byron also shares his thoughts on experiential retail, and what retail places must do to attract customers out of their houses. Byron is a CPA, currently a governor of the Urban Land Institute (ULI), a member of Real Estate Roundtable, NAREIT and AFIRE. He is also a board member of Harvard Club of Dallas and a board member emeritus of Harvard Business School. (1:05) - How Covid will affect the multifamily business (3:49) - The view on Office going forward (7:10) - Thoughts on Brick & Mortar Retail going forward (9:52) - How do our great American cities attract folks back after all of this? (14:42) - The E-commerce trend
18 min 35 sec
Welcome to Season Two of Trademark's podcast: Leaning In. In this episode, CEO Terry Montesi speaks with Byron Carlock: National Partner/Real Estate Practice Leader for PricewaterhouseCoopers. Byron and Terry discuss emerging trends identified for ULI that will impact commercial real estate moving into 2021, including migration from large urban areas, social issues, multi-family and office, Texas real estate markets, and several other topics. Byron is a CPA, currently a governor of the Urban Land Institute (ULI), a member of Real Estate Roundtable, NAREIT and AFIRE. He is also a board member of Harvard Club of Dallas and a board member emeritus of Harvard Business School. Be sure to subscribe to hear part two of Byron and Terry's conversation that will be available in the coming weeks. For more information about Trademark, visit www.trademarkproperty.com (1:16) - PWC’s Real Estate Consulting business and Byron’s involvement with the ULI emerging trends in Real Estate (2:54) - Key trends that will stick post-Covid and trends that will have the most impact in CRE Development & operations over the next 5-10 years (4:49) - Trend #1: Urban Exodus (8:17) - Trend #2: Accelerated transformation in Retail DoorDash IPO (13:34) - Trend #3 - Re-envisioning our Post-Covid world (19:18) - Trend #4 - Social Issues Trademark winner in GRESB rankings of ESG (22:18) - The Future of the Dallas, Austin & Houston Markets Oracle move to Texas Tesla move to Texas (24:25) - The Longterm view for Houston (25:43) - The future for malls and department stores Book: Pattern Language
31 min 21 sec
CEO Terry Montesi speaks with David Glover, Principal and Global Director of Mixed-Use and Retail Centers for Gensler. David discusses his architecture background and his current work with Gensler, as well as his thoughts on retail design best practices. They look at the changes David sees coming to brick-and-mortar retail due to the COVID-19 pandemic, what developers need to do to bring back customer confidence in retail, and his perspective on the future of retail. For more information about Trademark, visit www.trademarkproperty.com For more information about Gensler, visit www.gensler.com
54 min 15 sec
In this episode, CEO Terry Montesi, and VP of Experience Chuck Steelman speak with Paul Kurzawa, Executive VP of Operations for Unibail-Rodamco-Westfield. Paul discusses his background in retail, real estate and guest experiences with companies like Caruso and Dreamworks and his current work with URW. They discuss the role of entertainment in brick-and-mortar retail, how retail and shopping centers can continue moving forward during the pandemic and what holiday experiences look like this year. Paul also shares insight on the future of retail and mixed-use properties as well as technology’s role in these areas. For more information about Trademark, visit www.trademarkproperty.com For more information about Unibail-Rodamco-Westfield, visit www.urw.com
33 min 6 sec
Todd Anderton, VP of Marketing, and Chuck Steelman, VP of Experience, talk about what properties are doing across Trademark's portfolio during this challenging year to create holiday magic in a safe environment. They discuss how Trademark is bringing the Santa experience to its properties in fun and creative ways. Also, they talk about how Trademark properties are using events and opportunities to help and benefit local non-profits, as well as the role technology is playing in experiential retail. For more information about Trademark, visit www.trademarkproperty.com
20 min 8 sec
In this episode, CEO Terry Montesi, and Chief Investment Officer Tommy Miller speak with Kevin Lillis, CEO of Hospitality Alliance. Kevin shares how he got started in real estate and transitioned to the world of food & beverage and food halls, as well as the work his company is doing with AT&T in downtown Dallas. They also discuss the role of trendy food halls and food & beverage in experiential retail and how these areas have been impacted by COVID-19, including how to move forward. Kevin also shares some unconventional thoughts on the future of retail and the role technology will continue to play. For more information about Hospitality Alliance, visit hospitalityalliance.co
In this episode, CEO Terry Montesi, speaks with Peter Linneman, economist and Principal of Linneman Associates. The discussion centers around Peter’s background in economics, and his thoughts on how the COVID-19 pandemic is impacting the overall economy and the consumer and retail economies. They also look at the state of various commercial real estate segments, including office and multifamily, and the investment opportunities around them, as well as what the upcoming election season might mean for the economy and real estate. For more information about Trademark, visit www.trademarkproperty.com For more information about Linneman Associates, visit www.linnemanassociates.com “Leaning In” is produced by Straight Up Podcasts.
47 min 1 sec
Trademark CEO Terry Montesi, speaks with Bart Higgins, futurist, innovation consultant, cultural anthropologist, and Founder and CEO of Future Perfect X. Terry and Bart discuss why companies that refuse to innovate risk being left behind. They also discuss how mixed-use, retail and office real estate developments have been impacted by the recent pandemic and what the future of retail might look like from here. Click Here for more information about Future Perfect X.
44 min 56 sec
Leaning In is a podcast exploring the future of the retail and mixed-use real estate. Trademark Property Company CEO Terry Montesi, and other executives, speak with experts from various backgrounds and areas to discuss brick-and-mortar retail in an e-commerce world and what it looks like to lean into it while others are leaning out. For more information about Trademark, visit www.trademarkproperty.com Produced in Fort Worth, Texas “Leaning In” is produced by Straight Up Podcasts