Bad News

Dated: 05/03/2018

Views: 223

The bad news for retail marches on: Sears is closing 103 stores, Walmarts sams club plans to shutter 63 stores, macys is closing 11, and J C Pennyis closing 8, according to CNBC, and in March, Toys R Us, the nation leading toy retailer, said it will go out of business entirely, closing more than 700 stores across the U. S.  Make no mistake that the avalanch of e-commerce and evolving consumer market is knocking the tradiyional brick-and-marter business model to the ground, taking commercial retail real estate with it.N ew Jersey is not immune. The exodus of major retailers has left growing vacancies and many traditional malls, strip centers, and smaller retailers that counted on big-box anchors to drive traffic struggling to stay afloat, What will become of these properties? Do they have a chanch of being filled? What kind of tenants could make the properties internet-proof? And is there an upside to any of this?.

Latest Blog Posts

LBI Corvette Show

The annual Corvette show is coming to LBI on June 9th! Come and enjoy! Bring your own car or your dreams and spend a great day on the island!#corvetteowners #lbiadventures

Read More

Hot Sauce Recipes Great For Memorial Day Barbecues

Ok the hot sauce recipes ideas are coming in. Be sure send me yours and I will re-post!This one is easy and delicious! Feel free to substitute your hot sauce of choice!Courtesy of Frank's Red

Read More

Local Entertainment And Events Calendar

Here's a link to find out what entertainment is showing within 100 miles of Manahawkin. You can also choose a date. Just copy and paste this link into your address bar -- enjoy!  ;

Read More

Memorial Day Weekend

A great property became available for this Memorial Day Weekend! Gorgeous 5 bedrooms, 3 and a half bath. views of the bay and walking distance to the beach for under $2000! Contact me soon

Read More