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 [...]
As a contributing writer to Eidi Properties, I was recently able to observe its operations up close and personal. This was an impressive experience from the well-appointed style of the office to the quality of the commercial real estate sites I visited. However, it was the people and culture of the business that really stood [...]
It is often misunderstood that commercial real estate operates by one rule: get the money. This is a shallow perception. The successful operation of commercial properties benefits greatly from a deeper understanding of the dynamics and variables that often lead to success or failure. One of the main factors in cultivating a thriving shopping [...]
Originally from Toledo Blade: Russell Ebeid and Ramy Eidi have a great deal in common. Both men are the sons of Lebanese immigrants, who instilled in them a dedication to education and hard work. Both became successful presidents at local companies — Mr. Ebeid was the president and chairman of Guardian Industries, the flat-glass producer based [...]
Though no one can really predict the future, we can see trends. In commercial real estate in the United States we are seeing trends that demand our attention. These trends include looking at the economic indicator that comes from the Federal Reserve Board. Both the impact of interest rates and the perception of interest rates [...]
Business degrees and MBAs are often seen as validation for business success — and rightfully so. Business schools provide important knowledge and background to help future entrepreneurs navigate the challenging landscape. However, many successful business people will point to a different influence when asked about their path. Often, prosperous business people learned as protégés [...]
If you have ever seen depleted, economically ravaged communities, one thing they have in common is that they lack local investments. Because of that, their economies and infrastructures have collapsed. These conditions can be avoided if businesses commit to their communities and invest where they live. In economics, there is a concept called the multiplier [...]
While many retailers are transitioning from the physical world of brick and mortar stores seeking an online storefront, we, at Eidi Properties, feel that shopping centers bring value to our communities. Therefore we have proudly increased our commitment to neighborhood shopping plazas. Ramy Eidi, President and CEO of Eidi Properties, is fond of saying, “until you can [...]
The idea that you can squeeze a penny is common, but it is not how we at Eidi Properties conduct our business. We work hard to profit and cultivate profits for our tenants and clients. We take tremendous pride in the way we do business, including our properties and our tenants. We believe that success comes [...]
The last decade showed a strong trend of companies racing towards the digital marketplace. Amazon lead the way, but it — and others — are now doing an about-face. Digital retailers are feverishly trying to move their influence from online to brick and mortar stores. Amazon recently bought Whole Foods in an attempt to couple their online [...]
