David DeRienzo

[David DeRienzo @DeRienzo]

Only 9% of New Year resolutions stick. Half won't survive January...Good Luck!

[David DeRienzo @DeRienzo]

Selling a strip center with a vacant retaurant. Turns out it's haunted by the ghost of a failed business. I guess you could say it's a dead market. #HappyHalloween!

[David DeRienzo @DeRienzo]

Time is more valuable than money. You can never earn time back and I didn’t realize it until I hit my 40's. You can only defend against the forward movement of time by creating memories so... Have a great Labor Day weekend and make some memories!

[David DeRienzo @DeRienzo]

I then decided to become an endurance athlete, and started training like an ultramarathoner. Now if she is gonna wipe me out, she's gonna have to earn it.

[David DeRienzo @DeRienzo]

When my daughter was three years old, I realized she had almost limitless energy. Hanging out with her would leave me completely exhausted. Then I read an article that said kids have greater energy levels and faster recovery times than endurance athletes.

[David DeRienzo @DeRienzo]

She loves it all...can't wait to see what she sticks with over the next couple years.

[David DeRienzo @DeRienzo]

We're letting our daughter try everything. The rule: she has to try it for at least one season and no quiting halfway through. Art Class, Nature Camp, Hockey, Gymnastics, Dance, Ballet, Rock Climbing, Tap, Swim classes, Bike riding, Skiing, Surfing, Theater, Camping.

[David DeRienzo @DeRienzo]

Today is a great day to unknowingly ingest microplastics! Happy Earth Day!

[David DeRienzo @DeRienzo]

@bobbyfijan Makes sense. Are you seeing ancillary space for a WFH setup being mandatory?

[David DeRienzo @DeRienzo]

Watchout because they can seriously encumber the property and limit the tenant pool.... gym/fitness uses, auto parts and repair (Midas/Firestone, Autozone, Tesla service, etc.), smoke/vape shops, daycares, small format grocers (Aldi/Grocery Outlet), the list goes on...

[David DeRienzo @DeRienzo]

Hats off to the corporate real estate team at many of the dollar stores from 25 years ago. The list of exclusions they worked into so many deals in impressive. At the time, many of these uses weren't actively going into shopping centers.

[David DeRienzo @DeRienzo]

Embracing change is hard. But nobody has ever been remembered for making the world a better place by preserving the status quo. I'm talking to you, Nimby's.

[David DeRienzo @DeRienzo]

@MultifamilyRob We worked with her on a few retail deals. She was legit. RIP.

[David DeRienzo @DeRienzo]

Earthquake in Philadelphia!

[David DeRienzo @DeRienzo]

90% of shopping center deals trade within 10% of asking price.

[David DeRienzo @DeRienzo]

Unfortunately, I dont know where cap rates are headed. If I did, you would not be reading this.

[David DeRienzo @DeRienzo]

@DavidZipper We'll get there...might not happen in my life, but I would guess in the next 100 years Americans will figure out how to break out of being a car centric society.

[David DeRienzo @DeRienzo]

We were one of the first in our market to shoot marketing photos with a drone (almost 10 years ago). Now it's commonplace and I question a marketing package that does not include up-to-date aerials. Standing water on the roof and rusty HVAC rooftop units? Hmm

[David DeRienzo @DeRienzo]

While he was there he would go to the weightloss/fitness book section and would slip his business cards into them. A couple years later he sold his business for 8 figures. He was laser focused on providing value to his customers and not worried about an address.

[David DeRienzo @DeRienzo]

Knew a guy with a fitness biz who didn't have an office for the first two years. Went to the Starbucks in Barnes and Noble every day with his laptop, would have a coffee and crush things on social media.