Listen "The Evolution of Retail in Commercial Real Estate"
Episode Synopsis
In this episode, Michael Mandel sits down with Greg Katz to unpack how retail has evolved in the years since the pandemic. They dive into how Esri’s geospatial data is shaping retail strategies, why grocery-anchored centers are making a strong comeback, and how “medtail” is carving out its place in the market. From the challenges of visualizing data to the growing importance of consumer personas, they cover the nuances of retail comps and what’s next for the industry. Tune in for a thoughtful look at the intersection of tech, data, and the customer experience in modern retail.Chapters00:00 Introduction to Retail Evolution03:30Understanding Esri and Its Role in Retail05:49 The State of Retail Post-COVID 09:04 Flourishing Retail Assets in a Changing Market11:59 The Appeal of Grocery-Anchored Retail14:14 The Rise of Med Tail in Retail Spaces16:14 Co-Working Spaces and Their Impact on Retail17:44 Trends in High Street Retail20:28 Challenges in Retail Data and Visualization23:17 Geospatial Challenges in Retail26:12 Key Data Sets for Retail Decision Making29:40 Understanding Consumer Personas31:54 Reverse Engineering Site Selection33:24 Competitor Proximity Decisions in Retail36:31 The Complexity of Retail Comps39:04 The Future of Retail: Trends and InnovationsKeep up with CompStak on social:Instagram: https://www.instagram.com/compstak/YouTube: https://www.youtube.com/@CompStakLinkedIn: https://www.linkedin.com/company/compstak/X: https://x.com/CompStak
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