…THE AMAZON EFFECT AFFECTS YOU

No matter what type of commercial real estate you have, as part of our service, Ashland Group Commercial Property Management division will bring ideas for you. Click here if you would like us to consult with you

One example of our experience is how we are adjusting to the Amazon Effect. The Amazon Effect affects your property management. This, in turn, affects your property value, no matter if it’s retail, office or industrial. Lean on Ashland. We can add our experience to yours.

It is predicted that retail sales will grow very slowly this Holiday season, but, online sales will again jump by nearly a third! Another startling data point is that Sears & 99 Cents Only (http://www.businessinsider.com/retailers-at-high-risk-of-going-bankrupt-2016-10 ) are cited in the group that is facing bankruptcy! Often, Ashland Group Commercial Property Management has said, “we manage property From an Owner’s Perspective”.

Here is one example of how we are adjusting for the Amazon Effect. We own the store space as part of the Fry’s Shopping center at the northeast corner of I-19 and Irvington Rd. It is the Placita Del Rio Shopping Center.

Several years ago we revised our marketing focus to attract non-inventory tenants to our retail center. We have now completed the transformation. Instead of having inventory stores, we have dentist offices, an insurance office, a finance company retailer, a mobile phone store, a barber shop, a hair salon, a manicure-pedicure store, and, our latest, an experience oriented tenant,  Funland Adventure,

funland

plus, other non-inventory uses. Why did we do this? We decided not to fight a trend but to make the trend our friend. For this, or any of your commercial property’s needs, let us know how we can help you.

 

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