GBT Realty’s Post

Another exciting development is coming soon! Everett Downs, located in Mt. Juliet, TN, will be anchored by Sprouts Farmers Market, and two outparcels and two multi-tenant strips are for lease. Contact Alan Lloyd at alloyd@gbtrealty.com for more information on the retail space available. Robinson Properties #buildingvalue #gbtrealty #tennesseeretail #sprouts #groceryanchored #retail #cre #robinsonproperties

Nashville is included in Travel and Leisure's top 15 cities in the United States, according to their annual "World's Best Awards" survey for 2024. Readers are asked to look for cities with "palpable history, walkable downtowns, regional cuisine, and robust cultural and artistic institutions." One characteristic that seemed to capture readers' hearts, no matter the region, was a strong identity, and a sense that the city was unlike others elsewhere in the country. We agree that Nashville fits the bill! Read more at https://lnkd.in/ejaj22Qy #nashville #travelandleisure #buildingvalue #topcity #downtownnashville

Data from Placer.ai shows the ongoing demand for value-priced goods in 2024. Discount and dollar stores have become an important part of the wider retail landscape over the past couple of years, and location intelligence indicates that the category is continuing to gain momentum in 2024, according to its analyst Shira Aliza Petrack. Of the three banners analyzed, Dollar General receives the most visits nationwide, and Dollar Tree Stores comes out ahead in the western United States. Read more at GlobeSt.com at https://lnkd.in/eGHyf4ny #gbtrealty #cre #valueretail #discountretail #dollargeneral #retail #buildingvalue

Horn Lake, MS just got a delicious addition - Welcome, Whataburger! #gbtrealty #buildingvalue #whataburger #restaurant

In the heart of Nashville’s West End, Parke West stands as a beacon of elegance and architectural mastery, offering studio, one, and two-bedroom residences priced from $330K. Schedule a private presentation at ParkeWest.com today! Exclusively listed by Compass and represented by Morrell Property Collective. #nashville #gbtrealty #parkewest #westend #morrellcollective #compass Katie Morrell

Amazon is a terrific catalog to peruse, but in the end, people still enjoy going to stores and being able to handle merchandise. That is why every major retailer is or plans to invest heavily in building out new fleets of smaller stores in neighborhoods closer to their customers.   According to Greg Petro, Founder and CEO of First Insight, Inc., the pandemic looks less like a retail apocalypse and more like a giant hiccup.   “Much like the widely predicted 2023 recession that never happened, it looks like the retail apocalypse was canceled. In many ways, the new normal feels like the old normal: listen to customers and give them what they want because they do want stuff, not just experiences.”   Read more in Forbes at https://lnkd.in/e6prmnRC   #cre #shoppingcenters #forbes #retail #gbtrealty

We always enjoy attending ICSC Las Vegas every May, and this year was no exception! It’s a great way to connect with colleagues and hear from fellow CRE dealmakers and industry experts. Trey Culpepper and Scott Porter were the last two still standing on the final day after a whirlwind of activities and events. See you next year! #icscvegas2024 #icscvegas #gbtrealty #buildingvalue #cre

According to Chain Store Age, Dollar General reported better-than-expected profit, sales and same-store sales for its first-quarter as more customers shopped its stores for groceries and other essentials. “These results were driven by strong customer traffic growth and market share gains during the quarter, which we believe is a testament to the relevance of our unique combination of value and convenience, as well as to improved execution across our organization,” said Todd Vasos, CEO of Dollar General. #dollargeneral #gbtrealty #buildingvalue

According to Chain Store Age, ROSS DRESS FOR LESS reported better-than-expected first-quarter earnings and revenue even as inflation and other factors continue to squeeze its core shoppers purchasing power. “As a result, we believe it is more important than ever to offer our customers the best branded values possible,” said CEO Barbara Rentler. “In addition, we will continue to manage inventory and expenses tightly in order to maximize sales and earnings growth over the balance of the year.” #offpriceretail #rossstores #shopping #gbtrealty #buildingvalue #cre https://lnkd.in/gwHHmAqV