ST. PETERSBURG, Fla. --- WeinPlus Real Estate Advisory Services in St. Petersburg has been awarded a contract to provide risk mitigation services for Equity One’s Gallery at Westbury Plaza currently under development in Long Island.
Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, said the 300,000 square foot Gallery at Westbury Plaza is located between Westbury Plaza, which is also owned by Equity One, and the Roosevelt Mall, one of the highest grossing malls in the country.
Developers of the Gallery at Westbury Plaza are currently negotiating leases with high-end retailers. The mall is designed to meet LEED certification standards, Wein said.
The team at WeinPlus will be working with executive leadership on construction and development risk management.
Showing posts with label Rachel Elias Wein. Show all posts
Showing posts with label Rachel Elias Wein. Show all posts
Wednesday, June 29, 2011
Friday, June 24, 2011
Cloudy Commercial Real Estate Market Starting to Show Silver Lining, More Investors Seeking Deals, Says Real Estate Expert Rachel Wein of WeinPlus
ST. PETERSBURG, Fla. --- Commercial real estate — typically a lagging indicator of economic vitality — is starting to show signs of recovery, says one expert.
Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, recently returned from the International Council of Shopping Centers’ annual Re-Con Convention, which drew an estimated 30,000 real estate brokers, developers and retailers to Las Vegas.
Billed as the nation’s annual gathering of commercial real estate dealmakers, Re-Con was just that, Wein said.
“I’ve never seen so many principals and top executives looking for deals,” Wein said.
“Development deals, anchor tenant deals, power broker deals, retailers shopping market demographics, and the bread and butter of retailers, it was very encouraging,” Wein said.
Wein said commercial real estate developers and retailers are showing signs of improved confidence that improved economic conditions are eminent.
“I think the industry is seeing pent up demand from all sides,” Wein said. “The convention was an energetic, exhausting and entirely optimistic experience,” she said.
Rachel Elias Wein, AIA, founder and principal of WeinPlus Real Estate Advisory Services in St. Petersburg, recently returned from the International Council of Shopping Centers’ annual Re-Con Convention, which drew an estimated 30,000 real estate brokers, developers and retailers to Las Vegas.
Billed as the nation’s annual gathering of commercial real estate dealmakers, Re-Con was just that, Wein said.
“I’ve never seen so many principals and top executives looking for deals,” Wein said.
“Development deals, anchor tenant deals, power broker deals, retailers shopping market demographics, and the bread and butter of retailers, it was very encouraging,” Wein said.
Wein said commercial real estate developers and retailers are showing signs of improved confidence that improved economic conditions are eminent.
“I think the industry is seeing pent up demand from all sides,” Wein said. “The convention was an energetic, exhausting and entirely optimistic experience,” she said.
Subscribe to:
Posts (Atom)
