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Friday, 03 January 2020

Property Consultant to Launch Innovative Retail/Distribution Concept in 2Q

Shlomo Chopp, a long-time New York property consultant, has developed a strategy aimed at helping online retailers broaden their sales distribution capabilities to include brick-and-mortar locations. Chopp's leased roughly 7,000 square feet at the Fashion District Philadelphia and is inviting online retailers to offer their goods through the location. He'll take care of retailing and fulfillment on their behalf.

Commercial Real Estate Direct Staff Report

Shlomo Chopp, a long-time New York property consultant, has developed a strategy aimed at helping online retailers broaden their sales distribution capabilities.

He's leased a small chunk of space - roughly 7,000 square feet - at the Fashion District Philadelphia, a three-block collection of retail space in the city's downtown owned by a venture of Pennsylvania REIT and Macerich, and has lined up tenants that typically sell their wares via their websites that'll take space.

But what he's developed with his Anchor Shops concept isn't like coworking for retailers. Instead, he's offering a turnkey solution to online retailers looking to broaden their sales to include brick and mortar locations at a cost of roughly $800/month, which includes logistics - the delivery of merchandise to the location when needed.

"This is a concept that people have been waiting for," Chopp said. The question that's been asked, he said, is "how do we get digitally native brands into brick and mortar locations" at low costs.

He's tied his concept to a fulfillment operation, hence the Anchor Shops powered by ShopFulfill brand. To that end, he's leasing roughly 30,000 sf at the Moorestown Mall in Moorestown, N.J., that he'll use to...





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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

REITCafe

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  • What Does Increased Construction Mean for Apartment REITs?
    REITs so far this year have raised $17.1 billion of capital through the sale of unsecured notes, bringing the total raised over the past two and a half years to just more than $75 billion. That’s more than they raised during the previous five years. The massive volume shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark...
shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark against which most REIT’s price their bonds
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