Online shopping has revolutionized the way consumers access goods and information, but is this revolution experiencing a reversal? People enjoy the ease of shopping and learning at their convenience. Part of what makes online shopping great is the same phenomenon that drives shoppers to local stores: instant gratification. Studies find that shoppers’ need for instant [...]
Millennials are about to become the largest section of American society, taking over baby boomers. In our previous post we talked about how security concerns are moving millennials offline and into stores. Commercial real estate companies, like Eidi Properties, will benefit from millennials entering the marketplace, but some stores still face challenges. Individual shops must [...]
Are Silicon Valley’s woes expanding in-person commerce? Perhaps. Online retailers are moving to brick and mortar in part due to well-publicized scandals involving Facebook and other social media platforms. Consumers are losing confidence that their privacy, identities, and tendencies are safe when they shop online. This combines with the movement towards, well, more movement. People [...]
Last week we wrote a piece on the criteria Eidi Properties use to determine the viability of a potential property. Location, location, location were the three rules discussed. There are other factors, however, beyond the big three, notably, cap rate and occupancy. Although cap rate and occupancy can fall under the three rules, here is [...]
The three rules of real estate are location, location, and location. Even though this has become cliche, it is cliche because it is true. But, what does that really mean in the context of commercial real estate and what other factors are critical for successful investing? Here are several keys we at Eidi Properties focus [...]
Certain business and economic conditions influence our business model at Eidi Properties, therefore we keep a close eye on key variables. Although there have been some economic scares recently, there are many reasons for aspects of the economy to be optimistic. For borrowers, the recent economic projections are hopeful. After a year that included several [...]
Former four-star Army General and U.S. Secretary of State, Colin Powell said, "There are no secrets to success. It is the result of preparation, hard work, and learning from failure." At Eidi Properties, we stand firmly by this statement. As a company that has existed for more than two decades, we have worked very hard [...]
The Prime Retail Space Includes Over 62 acres, Home Depot, Target, Ulta, TJ Maxx, and PetSmart Rossford, OH. — Eidi Properties announces it has acquired Crossroads Retail Development and Rossford Pointe Retail Development located along one of the most significant growth corridors in Northwest Ohio. Crossroads Centre is a 470,225 square foot power center consisting [...]
Here’s the scenario: you have a great business, but it’s difficult to get to. Perhaps you have a great business that is easy to locate, but there is no parking. Or, your business is located outside of a bustling business district. Any or all of these factors can sink, or limit, an otherwise quality [...]
After Sears’ bankruptcy questions abound as to the viability of the commercial real estate landscape. Many investors are wondering, has the digital age made “Big Box” brick and mortar shopping obsolete? The answer is a resounding no. Sears, Toys R Us and similar large-box, one-stop shopping stores are more compass than a canary in the [...]
