article thumbnail

Entering Retail Space as a Non-Retailer

Wolgast Corporation

(Updated 2/20/23) Retail real estate has shrunk over the past three years according to CBRE’s report “ US Real Estate Market Outlook 2023 ”. With less retail construction happening, there is less opportunity for businesses to move into this type of space.

Retail 127
article thumbnail

Commercial Construction Strategies: Flagship Stores to Footprint Expansion

HardHatChat

Over the last few years, Englewood Construction has been involved in several flagship store and brand expansion projects with our national retail, fitness, and restaurant clients. Flagship Retail Relocation – American Girl Building or relocating national retail flagship stores nationwide is nothing new to Englewood Construction.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Trusting Relationships Build Better Commercial Construction Projects

HardHatChat

Englewood Construction is currently negotiating a contract with Mrs. Green’s to convert former Fox and Obel in Chicago. In our experience, we have found clients who care about producing the best commercial construction projects are more likely to engage in the negotiated contract process. Setting expectations.

article thumbnail

Legalized Marijuana: Opportunities and Impact for Commercial Real Estate and Construction

HardHatChat

That means companies that want to be among the first to open in the market need to start now to not only get licensed, but also negotiate lease deals, enlist their construction partner and start building out their facility. Security features, for one, are a major difference between a dispensary and a ‘typical’ retail store.

Legal 260
article thumbnail

2012 Commercial Construction News Review…The Year that Was

HardHatChat

It was good to see so many commercial developers, owners, retailers and restaurants moving forward with confidence and initiating new commercial construction projects. We were also fortunate to see an uptick in negotiated business vs. competitive bid activity and hope this commercial construction trend continues into 2013.

article thumbnail

Commercial Construction Best-Practices: How to Avoid Scandals

HardHatChat

Workers remove wall panels from a high rise to accommodate new windows for one of the many projects Englewood Construction negotiates with its clients. Be sure to check references of general contractors before entering into a negotiated or competitive bid situation. This will give you a much better understanding of the firm.

article thumbnail

Commercial Construction Tips: Six Best Practice Resolutions for 2011

HardHatChat

I’m sure the retailer was also surprised. If the client needed a hospital or condo building on top of the retail it would make sense, but 500 sq. Bottom line, use a commercial general contractor who specializes in what you need, whether its retail construction , restaurant construction, etc.