Retail Market Review Michael Gurley Senior Vice President, Director of Retail Leasing S.L. Nusbaum Realty Co.
Grocery Stores Remain the Headliner…
Non-Grocery Retailers….
Notable Deliveries…
Mergers, Acquisitions & Consolidations
Development & Growth... Kroger Field & Stream Dick’s Sporting Goods Waterside Live Simon Outlet Mall
Millennial Customers….
Polarization…. 2001 2016 - ? + - ? +
What’s Next For Military Circle…. Great real estate! Main & Main for Southside Hampton Roads City purchased JCP – smart! Positive future!
2016 Hampton Roads Real Estate Market Review & Forecast E.V. Williams Center for Real Estate 2088 Constant Hall Norfolk, VA 23529 www.odu.edu/business/center/creed
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