property management

Niles, Ohio — Sierra Trading Post will soon be opening its trademark outdoors gear locations in three properties owned and managed by Ohio-based Cafaro Company. The first will be located at Cafaro’s Millcreek Mall in Erie, Pa. It will comprise more than 17,000 square foot of space, with plans to open in the fall of this year. Another 18,000-square-foot store is also under construction at Kentucky Oaks Mall in Paducah, Ky. It is scheduled to open late this year. Simultaneously, a new, standalone building will be rising on the Eastwood …

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Mill Valley, Calif. — Four Corners Property Trust (FCPT), a real estate investment trust that owns and acquires high-quality, net-leased restaurant and retail properties, has acquired 19 Bloomin’ Brands restaurant properties comprising 20 total restaurants (10 Outback Steakhouse restaurants and 10 Carrabba’s Italian Grill restaurants, including one dual-tenant property with both concepts) for $66.4 million. The 19 properties are located across 10 states: Arizona, Florida, Georgia, Kentucky, Louisiana, North Carolina, Nevada, Pennsylvania, South Carolina and Tennessee. The sites are in strong retail corridors with high traffic and attractive demographics. The …

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Bill Schaphorst Retailers Storms quote

The increasing frequency and intensity of natural disasters pose a growing threat to many restaurants and retailers. All too often, unprepared businesses struggle to contend with property damage, power interruptions and repair delays that can plague communities for months in the wake of a catastrophic wildfire or storm. “Businesses that have stores operating in hurricane-prone areas like Florida or other regions threatened by natural disasters need to have a plan in place, with committed assets or a vendor to support them in an emergency,” says Bill Schaphorst, vice president of …

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San Jose, Calif. — T&T Supermarket Inc., Canada’s favorite Asian grocery retailer, will open its first store in California at the Westgate Center in San Jose in fall 2025. With two stores in the works in Washington, this marks T&T’s third store announcement in the Unites States. The 55,000-square-foot store is taking over space formerly occupied by Walmart. T&T operates more than 33 stores across Canada, and is a full-service unique shopping experience known for its vast selection of authentic Asian products, fresh produce, full service meat counter, live seafood …

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— By Jack Child — How to choose a contractor for your parking lot striping project. Your parking lot is your welcome mat for your business. Maybe the lines are getting pretty faded. Or, maybe you’ve been tagged with a violation from the city or Fire Marshal for a code violation for improper or inadequate pavement markings. Poor or improper markings are a legal liability that should not be overlooked. It’s time to get new paint on the ground. Who do you call? The following is for those who really …

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— By Lindsey Walker — Why asset tracking software is good for your restaurant business. Operating a foodservice or restaurant business involves managing various appliances, each essential for daily tasks like cooking and refrigeration. Integrating these appliances into a system that gathers data for decision-making can be time-consuming. The Internet of Things (IoT) offers a solution by utilizing appliance data to optimize property management and enhance business performance with real-time insights. From ensuring customer satisfaction to maintaining quality standards, running a restaurant or café requires careful attention to detail to …

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Dallas — Galleria Dallas, a 1.9 million-square-foot shopping center managed by Trademark Property Group, will have a new anchor in fall 2025: a hotly anticipated entertainment venue called Netflix House. This will be the first Netflix House in Texas, and only one of two to be announced in the United States. Netflix House will be a permanent experiential venue featuring Netflix stories and characters beyond the screen year-round. Netflix House will offer regularly updated immersive experiences, Netflix related retail merchandise and unique, Netflix-inspired food and drink offerings. “Welcoming Netflix House …

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Bill Schaphorst MaintenX Hurricane Facility Maintenance quote from article

People and businesses across the United States are bracing for what could be the most active hurricane season on record. Forecasts predict that the 2024 Atlantic hurricane season alone is predicted to have five major hurricanes — those of Category 3 or greater, with sustained winds of at least 111 miles per hour. Compare this to 2023, when there were only three major hurricanes in the United States. The potential for storm damage to homes and businesses is greater in 2024’s especially active hurricane season. “While the development of technology …

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— By Jeremy Johnson — The case for solar-powered signage in parking lots. In today’s competitive retail and hospitality landscape, every aspect of a business must be optimized to create a positive and memorable customer experience. Although the parking lot usually represents the first interaction a customer has with an organization, it is often overlooked, and one crucial element is signage. Retailers, restaurants and property managers can significantly improve their parking lots by incorporating signage that is solar-powered, reaping a multitude of benefits that extend beyond mere aesthetics. In this …

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Checklist Facility Maintenance quote from article — Mike Garcia

Business owners have a lot on their plate; it’s a full-time job to survive in the ultra-competitive fields of restaurants and retail. In this challenging environment, facilities management often takes a back seat. Yet, diligent maintenance not only showcases a business’s care for its premises but also fosters opportunities for success by attracting clientele. Plus, a proactive maintenance strategy can identify necessary repairs long before they escalate into significant issues. A clean, well-maintained facility can bring customers to a store or restaurant, says MaryAnn Velez, a sales executive at Colt …

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