Navigating the Evolving Landscape of Retail Real Estate – A Recap of The Not Podcast Podcast with Gregg Katz of Esri

SKIP AHEAD TO

• The Shift in Retail Dynamics
• Grocery-Anchored Retail
• The Rise of Medtail and Co-Working Spaces
• Challenges and Innovations

In a world where retail was once declared dead, the industry has shown remarkable resilience and transformation. Join us as we delve into the insights shared by Gregg Katz from Esri and Michael Mandel, Co-Founder and CEO of CompStak, on The Not Podcast Podcast. Discover how retail has adapted post-COVID and what the future holds for this dynamic sector.

Listen and watch the full episode below!

The Shift in Retail Dynamics:

Gregg shares his journey from the restaurant business to becoming a subject matter expert in real estate at Esri. He highlights the shift towards experiential retail and the harmonization of e-commerce with brick-and-mortar stores. Retailers are now focusing on being present wherever the customer wants to transact, creating a holistic shopping experience.

Grocery-Anchored Retail:

Grocery-anchored shopping centers have emerged as a strong asset class, attracting significant investment interest. Gregg explains how grocers are strategically positioning themselves in areas with growing populations, ensuring a stable foundation for retail centers.

The Rise of Medtail and Co-Working Spaces:

The podcast explores the trend of medical retail (medtail) and its permanent shift in the retail landscape. Additionally, the role of co-working spaces in retail environments is discussed, highlighting their potential to drive foot traffic and enhance the shopping experience.

Challenges and Innovations:

Gregg addresses the challenges of data fatigue in the real estate industry and the importance of storytelling using geospatial data. He emphasizes the need for retailers to balance technology with customer experience, ensuring that innovations enhance rather than hinder the shopping journey.

As retail continues to evolve, the balance between technology and human interaction will be crucial. The insights shared by Gregg Katz provide a glimpse into the future of retail real estate, where adaptability and customer-centric strategies will define success.

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