While planning conservatively and within a reasonable budget is always smart, retailers need to include other components of site selection retailers that are just as important.Knowing the customer is the prelude to any retail site selection.Focus on where you can do the most business when evaluating locations.It pays to know the current leasing market so retailers will know if the landlord’s asking rates are reasonable.Retailers should know who all of the co tenants are in any shopping area they are considering

Perfect Pita Opened their 12th location last week at 1300 2nd Street NE aka NOMA

Coffee Shop Available a video by Capital Retail Group on Flickr. Former Pound Coffee available for lease located directly across from the New York Avenue metro stop at 1300 2nd Street NE. Join Co tenants Five Guys and Perfect Pita. Available for immediate occupancy. Asking rent $3,200 per month.

Last week, Capital Teas signed their fourth lease making Georgetown home to their fourth location with a planned March opening.

Perfect Pita will open their 12th location within the next 90 days in the rapidly emerging NoMa (north of Massachusetts Avenue) neighborhood of Washington, D.C.  Perfect Pita will be located just outside the New York Avenue Metro station at 2nd and N Street, N.E. leasing  the former home of  Heidi’s Brooklyn deli who closed last summer. Capital Retail Group and [...]

Clients can have a better understanding of risk by knowing the true value of their asset.

Ping Pong Dim Sum as previously reported by several blogs including Prince of Petworth will be opening a 2nd location in Dupont. However, construction and zoning issues are pushing a scheduled grand opening back  to the 3rd quarter. A zoning variance and outdoor seating permit are still pending with DC Gov.

Zebra Lounge, Enology Wine Bar, and Alliance Tavern have all occupied 3238 Wisconsine Avenue NW in the last two years. Enology ownership didn’t have the results needed for sustained success so they changed concepts to Alliance Tavern adding a new and different menu and chef to attract more customers. The Washington Post reviewed the local tavern recently but apparently it was too [...]

We signed as a new client last week, a very nice ownership group with a problem retail tenant. As they described the situation, I was not very surprised, having heard the story many times before as a property manager. The tenant said they’d pay last week, but they did not. The story keeps changing, and the tenant now [...]