And Overview: Evolving Retail Properties and Dynamic Retail Markets --; I Analyzing and Forecasting the Changing Retail Marketplace --; 1. Retail Site Selection Using GIS: An Introduction to Methods, Models, and Data Sources --; 2. Forecasting Shopping Center Supply --; 3. Changing Demographics and Their Implications for Retailing --; 4. Changing Economic Perspectives on the Theory of Retail Location --; 5. Estimating Retail Sales Using the Poisson Gravity Model --; 6. The Shape of Things to Come: Retail Real Estate in the Twenty-first Century --; II Retail Real Estate Investment Returns --; 7. Past and Future Sources of Retail Real Estate Returns: Malls Versus Centers --; III Financing Retail Properties and Mortgage Securitization --; 8. Securitization of Retail and Shopping Center Properties' Mortgages --; 9. Retail Mortgage Securitization: What You Should Know About Accessing the Capital Markets --; IV Operations of Retail Properties --; 10. Shopping Center Tenant Selection and Mix: A Review --; 11. Controlling Leasing Conflicts Between Retail Owner/Managers and Tenants --; 12. Suffering the Loss of an Anchor Tenant --; 13. Planning Issues in Retail Development --; V New Retail Marketplaces --; 14. Development of Inner-City Retail Niche Markets --; VI The International Retail Arena --; 15. Size, Sales, and Rents: Comparing Shopping Centers in Canadaand the United States --; 16. The Rental Assessment of Retail Property in the United Kingdom.
Retail real estate properties and their marketplaces are in a constant state of change. The emergence of such new and growing value formats as warehouse clubs, factory outlet malls, and other powerful discount formats provide traditional shopping centers and malls with increasingly competitive challenges. These value and discount retail formats generate higher sales per square foot and have lower construction costs than many traditional retail properties. Combined with the slow growth in retail sales and the increasing alternatives to in-store retailing, a question mark hangs over the future of retail marketplaces and the retail formats that will be the leaders of the future. Megatrends in Retail Real Estate allows the reader to analyze and forecast changes in the retail marketplace. The book presents a simple model to analyze and predict mall and shopping center investment returns. It then examines the financing of retail properties and securitization of their mortgages, as well as the operations of retail properties. Finally, the book analyzes new retail marketplaces and the international retail arena.