Bill Read

Creating Value in Commercial Real Estate, EVP Retail Specialists

[Bill Read @BillReadAtlanta]

@lesliespoolcare Lease Rejection List

[Bill Read @BillReadAtlanta]

https://t.co/HQ0916M5sk

[Bill Read @BillReadAtlanta]

@laurenthomas How exciting!!!

[Bill Read @BillReadAtlanta]

@Bethazor1 Southlake in Morrow !

[Bill Read @BillReadAtlanta]

@laurenthomas That’s some High praise coming from them. scoop LT….

[Bill Read @BillReadAtlanta]

Big Lots is closing almost 300 stores. Want to know where, click the Google map link.
https://t.co/duP2F1NoFf

[Bill Read @BillReadAtlanta]

@BigLots I don't think this needs much commentary, except to say the List is longer than the 35-40 stores they preannounced earlier. FYI- this may not be the entire list, may have missed a few.. 135 stores listed

[Bill Read @BillReadAtlanta]

Friday Trivia. What retailer started in 1982 in Mechanicsburg PA and has grown to 512 stores in 30 states ?

Their tag line is “Good Stuff Cheap”

Store sizes average 33,000 sf and opens about 40 stores per year

2023 sales passed 2 billion dollars

Ollie's Bargain Outlet, Inc.

[Bill Read @BillReadAtlanta]

@realEstateTrent 12.1 M

[Bill Read @BillReadAtlanta]

@laurenthomas Looks amazing !

[Bill Read @BillReadAtlanta]

Friday's trivia, what are the average store size and sales for a Five Below. How many stores are they opening per year ?
Average Store Volume 2.5 million / 9,500 sf average store size / opened 204 stores in 2023 @RSIBirmingham @retailadviser

[Bill Read @BillReadAtlanta]

Today's trivia question. What is the average store volume for Costco Wholesale. New stores opened in 2023 average 151 million while stores open since 2014 or before average 268 Million. Happy Friday! @RSIBirmingham @retailadviser #retailisnotdead

[Bill Read @BillReadAtlanta]

The bankruptcy sale of @The99cents had a ton of interest.
Our tracking shows of 333 Leases up for sale, 180 have been taken.
See attached.
170 @DollarTree
8 Leases to @OlliesOutlet
2 Leases to @Burlington

[Bill Read @BillReadAtlanta]

This is how my brain feels after Recon ICSC Vegas 2024 https://t.co/Fa1rf29vve

[Bill Read @BillReadAtlanta]

Good real estate never goes out of style.@DollarTree is the successful bidder for 112 99 Cents Only Stores, 11 stores and 82 other locations went to others, mainly Landlords bidding on their own spaces, two went to @AldiUSA . Here's the list of locations Dollar Tree taking.

[Bill Read @BillReadAtlanta]

Nick Saban is in the @ICSC House

[Bill Read @BillReadAtlanta]

@realEstateTrent Love these case studies, Nice

[Bill Read @BillReadAtlanta]

Old Timers Flash Back
Just told my wife I was running to Kinkos, oh I mean Fed Ex. Kinko’s had 1,000 locations and was bought by Fed Ex in 2004 for 2.4 billion
In June of 2008 Fed Ex announced it would change the name to Fed Ex Office.

[Bill Read @BillReadAtlanta]

@NeilRetail All true, but still a well run company.

[Bill Read @BillReadAtlanta]

Found another 20 Bed, Bath & Beyond that have been re-tenanted. Thanks @jasonmiller15 for the four in MI. Thats 288 out of 721 we track or 40% leased.