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WEBINAR RETAIL 2020 | PRE-POST PANDEMIC WITH NICK EGELANIAN
May 1, 2020 @ 1:00 pm - 2:00 pm
Join us on Friday, May 1 at 1:00 CST as we take a deep dive into the most heavily impacted sector of commercial real estate during the COVID-19 Pandemic – retail. Nick Egelanian is a national expert on retail and the shopping center industry, Nick pioneered the segmentation of retail into Commodity & Specialty sub-groups as the author of the retail chapter of the Urban Land Institute’s Professional Real Estate Development: The ULI Guide to the Business, 3rd Edition in 2012 and is currently updating the chapter for its 4th edition due out in 2022. He was a presenter and consultant for the 2019 CARW and ICSC Wisconsin Retail Conference.
Click here to register for this event: https://zoom.us/webinar/register/WN_YyKW4kEHTGaIcaZkQXTEJg
Mr. Egelanian served as VP of Real Estate & New Store Development for Crown Books and FAO Inc/Zany Brainy before forming SiteWorks Retail Real Estate Services in 1992. As President of SiteWorks, Nick has worked with retailers including Stuart Weitzman, Balducci’s, Jos. A. Bank, Gap. Starbucks, Justice, Lane Bryant, & Zoës Kitchen and many other retailers. He will answer the following and take questions:
- Where do we stand right now? How is the industry handling the crisis?
- How do the three paradigms of the crisis (Medical, Hospital System and Economic System) differ?
- What should retailers and owners be doing now, for the balance of the crisis and to prepare for the new post-crisis world?
- What have Asian countries done with their retail following disruptions? What worked and what didn’t?
- How long will this last and how will it end?
- What sectors of retail are most likely to reopen and recover first and which later?
- Will any retail categories be completely eliminated by the crisis?
- Has the Care Act and PPP helped?
- Which retailers and holding strong during the COVID-19 Pandemic and which are falling apart?
- What companies are in bankruptcy or likely to enter bankruptcy?
- Why are some retailers able to survive and others will not – what are they doing?
- What sectors of retail have been hit the hardest with the longest lasting impacts?
- How have online retailers like Amazon and Walmart changed forever the purpose of brick and mortar retail?
- What will the credit crunch mean for startup retail and franchises?
- What are franchises and independent doing to stay afloat?
- What will this mean for how we shop at malls and how will urban shopping change forever?
- How will this change in retail impact retail real estate and what effect will this have on communities from a financial standpoint? (taxes, traffic, infrastructure)
- What will retail look like post-pandemic — winners and losers?
- Will the retail industry be permanently smaller when theses over —and if so by how much
- What can we do to prepare for the next Pandemic?
- What opportunities remain for all the empty buildings?
- Is Milwaukee retail real estate in a better position than other places?
Nick has also advised an array of owners & developers throughout North America, including Vornado Realty Trust, Cadillac Fairview, Madison Marquette, Ramco-Gershenson Properties Trust & Bayer Properties, with whom he partnered in the development of over 1.5M sq ft of Specialty Retail, and a host of others. He acted as retail advisor to three Amazon HQ2 candidates including the winner in Crystal City, VA and Amtrak’s 30th Street Station. He previously acting as the chief retail advisor to Sagamore Development, the developer of nearly 350 acres of waterfront property in Baltimore, MD that will house Under Armour’s new 4M sq ft headquarters facility & up to 1.5M sqft of retail in a 15M sqft mixed-use development.
Mr. Egelanian is an active speaker & writer on retail trends & the evolution of the retail industry, & has coined the phrases “Post-Department Store Era” & “Convergence Era” in his numerous articles & editorials in publications such as Shopping Centers Today, Chain Store Age, Shopping Center Business, & the ULI’s Urban Land Magazine. Nick teaches retail real estate development in the Colvin Real Estate Development graduate program within the UMD’s School of Architecture, Planning & Preservation in College Park, MD & is a faculty member at the ICSC’s Univ of Shopping Centers in Philadelphia & Riordan School in Miami, FL and Scottsdale, AZ.
He earned a Doctor of Law (J.D.) degree at the George Washington Univ National Law Center in 1982 & a BS degree in Finance from UMD, College Park in 1979.