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Posts tagged Bayer Properties

Making News: Our Clients in the Headlines 4/25/17

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mia-nickgarzia1. Are indoor shopping malls becoming extinct? Or is a resurgence upon us? That depends on whom you ask. Many retail industry watchers are down on malls—and with good reason. Big bankruptcies are driving big vacancies. The flip side is, these big vacancies are driving strategic redevelopment opportunities that could revitalize models with an experiential retail twist. GlobeSt.com recently caught up with Nick Garzia, director of leasing for Atlantic Station to get his take. “I don’t think malls are becoming extinct, but I do think they are changing. A stratification of product type has been taking place over the past several years.”

2. If you’re headed to downtown Atlanta this spring, you’ll want to read this Atlanta Journal Constitution article detailing the top restaurants within walking distance of the city’s major sites. Our favorite is Peachtree Center’s retail center, whose culinary options include Gus’s World Famous Fried Chicken, Panbury’s Hand Pies, Tin Lizzy’s Mexican, Aviva by Kameel Mediterranean and several other spots.

3. Teen members of the U.S. Bank Boys and Girls Club in Cincinnati now have a space all for themselves. Aaron’s, Inc. partnered with Boys and Girls Clubs of America in 2015 to renovate clubs across the country and their latest renovation occurred last week in The Queen City. The teenagers helped design the space and associates from Aaron’s took over from there. See this local CBS article and video for more information about the Teen Center, which is now equipped with new technology, sectional sofas, tables and chairs and a new sound system.

4. Another quarterly earnings season is in the books, and while there were a few star performers, it was another dismal one for retailers. It seems almost a daily occurrence — headlines littered with the next retailer that struggled under the weight of aggressive competition and changing consumer preferences. To help make sense of what retailers can expect from the coming price war, and how they can win each battle, check out Revenue Analytics’ Jared Wiesel’s article in Total Retail.

5. On the latest episode of NPR WUKY’s Business Side, Brennan Fielder talked with Lindsay Bayer-Shipp, creative director and brand strategist at Bayer Properties, the Alabama-based developer set to debut the Summit at Fritz Farm, a sprawling new retail and dining complex on Nicholasville Road at Man O War Boulevard in the shadow of Fayette Mall. The grand opening event is this Thursday, April 27th.

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Making News: Our Clients in the Headlines 9/19/16

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  1. 21076931-mmmainDiners at the Pizitz Food Hall in downtown Birmingham’s soon-to-reopen historic Pizitz building will have their choice of everything from banh mi to biscuits, Latin street food to Israeli cuisine, developer and Wilbert client Bayer Properties announced. Jeffrey Bayer, president and CEO of Bayer Properties, said, “The wide variety of cuisine we secured for The Pizitz Food Hall is unlike anything else in Birmingham or even Alabama. We can’t wait for the city to experience these unique and exciting culinary delights.” An AL.com article further details the revitalized Food Hall, which includes 13 food stalls, two restaurants and a bar.
  1. A recent Think Advisor article profiled the state of the financial tech (fintech) industry and detailed what’s coming next. Wilbert client Marlin’s Russell Walraven, vice president of marketing for Marlin’s Funding Stream, which provides small businesses with loans, gave an extensive interview on the various players in the industry, saying, “Technology has created new opportunities to connect consumers with service providers, but those new providers sometimes encounter growing pains. Non-bank companies saw an opportunity after the financial downturn for small businesses looking for capital they weren’t getting from traditional banks”
  1. Do you pay for Amazon’s ‘Subscribe & Save’ program? You may want to rethink that or at least give your monthly bills a little more scrutiny. The New York Times’ Brian Chen detailed the drawbacks of the program in an article interviewing Wilbert client Revenue Analytics’ resident retail expert Jared Wiesel. Wiesel said of Amazon, “I think they’ve violated the psychological concept of a subscription with their customers in changing prices like this. When people think of a subscription, they think of locking in a set cadence of receiving a good.”
  1. cbs-n2n-2Last week, Avalon hosted a fall fashion event benefitting Bert’s Big Adventure. Noon to Night kicked off with a cocktail reception offering fare from Avalon’s famed eateries followed by a fashion show featuring Bert’s Big Adventure families and Atlanta celebrities modeling more than 100 looks carefully curated by Avalon’s retailers. CBS provided previews of the event, where all proceeds raised helped provide a magical, all expenses-paid, five-day journey to Walt Disney World for children with chronic and terminal illnesses and their families through Bert’s Big Adventure.
  1. Set high atop Buckhead’s five-star Mandarin Oriental hotel is the largest high-rise condominium home in Atlanta, a two-story unfinished unit that’s part of the final phase of Wilbert client The Residences at Mandarin Oriental. The penthouse, which is on the market, can be custom designed or the buyer can use the floorplan from architect Robert Tretsch, director of Harrison Design’s Modern Studio, who was enlisted to create a design for the 10,000-square-foot space. To read more about your potential future home, check out this Atlanta Magazine piece.

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Making News: Our Clients in the Headlines 6/3/16

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  1. 031416_weekend_roundup_jp01Have you gone down Peachtree in Midtown recently? We’re guessing yes, and we’re guessing you’ve noticed the giant MIDTOWN letters sitting at the corner of 15th Street and Peachtree, standing eight feet tall and spanning a total of forty feet. While these may seem like a tourist trap, Jill Vejnoska at the Atlanta Journal Constitution wrote that a funny thing happened outside of Wilbert client Colony Square: “People started liking them. A lot.” Jill wrote a great feature in the AJC, saying, “Almost as soon as the letters appeared, people began taking selfies with them, sometimes posting them on social media with the hashtag #IAmMidtown. In just two months, they’ve become a staging spot for all sorts of public events, from jazz concerts and a “Bike to Work Day” promotion to an Earth Day celebration.” Welcome to the new hottest spot in Midtown!
  1. The laws of supply and demand have become more complicated at Orlando’s big theme parks as they make shifts in pricing strategies. Recently, Disney has aggressively raised prices. In October, the company revamped its annual-pass system to make it much more expensive for people to visit during Christmas and spring break. Then in February, it announced tiered one-day ticket prices. The Magic Kingdom costs up to $124 on the busiest days. According to Matt Busch at Wilbert client Revenue Analytics, “The right pricing strategy can benefit both the company and the customer — that idea of…. managing demand so you don’t have these crazy crowds that can’t be served well.”
  1. UnknownLooking for an estate near Athens? Wilbert client Beaver Dam Farms, the 973-acre estate formerly owned by country singer Kenny Rogers, is heading to auction on July 9. The estate is centered around a 12,000-square-foot mansion and includes three private spring-fed lakes, five guest houses and a clubhouse and a lake clubhouse. Also on the property is an equestrian arena that includes 44 stalls and two swimming pools, as well as two clay tennis courts and an 18-hole golf course. The owners said they will sell the property to the highest bidder “at or above $3.5 million fully furnished.” You can get more details from the Atlanta Journal Constitution, the Atlanta Business Chronicle, and, a Wilbert first, TMZ!
  1. Jeffrey Bayer, president and CEO of Birmingham-based Wilbert client Bayer Properties, has been named to the board of trustees for International Council of Shopping Centers. Bayer is a part of the select group of international leaders in the retail industry that serve on the board. “It is a privilege to join the international leadership of ICSC,” Bayer said in a statement. “ICSC is the most influential organization in our industry and represents thought leadership and innovation. I am truly honored to sit on its Board of Trustees.”
  2. Atlanta-based national labor and employment firm and Wilbert client Fisher & Phillips has ditched the ampersand and rebranded as Fisher Phillips. The firm unveiled a new logo, tagline and website to go with the streamlined name as part of the campaign to update its brand. “Fisher Phillips is a strong, modern firm that can take on the toughest cases for the most discerning clients. Our brand will now reflect that,” said its chairman, Roger Quillen, in an announcement from the 350-lawyer firm.

 

Making News: Our Clients in the Headlines 3/15/16

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  1. Using predictive analytics, businesses are able to approach opportunities, risks, business partners, and customers differently because they have foresight they lacked previously. However, there are still challenges. While companies want to increase revenue, customers are constantly demanding more value for their money. Jon Higbie, chief science officer at pricing and revenue management firm and Wilbert client Revenue Analytics says, “Customer response to price, merchandising, and promotions are levers you have to pull to make the right recommendation. You have a forecast, you apply a market response model to it, and you have a holistic price-sensitive demand forecast that includes competition.” Using predictive analytics, Revenue Analytics was able to help a global hospitality group increase top-line revenue by 2.7% over a 13-week period throughout the Americas. You can read the full article on Information Week.

 

  1. Got plans for St. Patrick’s Day this year? If not, come join us at Wilbert client Avalon’s second annual Luck of Avalon event happening this Thursday (March 17). Get in the spirit with Irish music, dancing and all things green, including beer and candy. Read all about the family friendly event in this Neighborhood Newspaper article, which will feature music from live bagpipers with North Atlanta Pipes & Drums, face painting for children, a photo booth and more. Festivities will take place at 2200 Avalon Blvd. in Alpharetta from 4 to 10 p.m. “It’s just a fun celebration for everyone to wear their green, bring their families and friends out and have a good time in the plaza,” said Carla Toro, director of marketing for developer North American Properties.

 

  1. Before you start or join an NCAA tournament bracket at work, you should consider the risks. Employers have to be careful, too, according to Atlanta attorney Corey Goerdt, an associate with Wilbert client Fisher & Phillips, a national labor and employment law firm. “Many employers either allow or encourage some type of office pools around big sporting events and have little or no trouble,” Goerdt told 11Alive’s Jennifer Leslie. “However, employers should be aware of the risks, even if they are not particularly likely to impact most workplaces. Gambling is illegal, and many employers have explicit policies banning gambling. However, Goerdt said there can be a big upside to office pools. “Pools can promote teamwork and interaction among employees who otherwise might not have that opportunity,” he said.

 

  1. The American food hall boom is showing no signs of slowing anytime soon. Well-established in trend-setting cities like New York and LA, these multifaceted culinary marketplaces are spreading like wildfire to major metropolitan areas across the country. Wilbert client Bayer Properties plans on opening the Pizitz Food Hall this fall and was featured in Eater’s nine new food halls to get excited about in 2016. Plans are for two full-service restaurants, an outdoor seating and entertainment area, and an interior bar, along with several food stalls. Confirmed tenants so far include local roaster Domestique Coffee; paleta and ice cream vendor Lichita’s; an Asian dumpling concept; an independent cheese shop that will also serve sandwiches; a Korean restaurant specializing in bibimbap; and a traditional Ethiopian restaurant with communal dining. Yum!

 

  1. Curious about those giant, colorful “MIDTOWN” letters in the heart of, well, Midtown? Here’s your answer. According to the re-imaginers/developers of Colony Square, Wilbert Client North American Properties, the 8-foot-tall, 40-foot-wide word on the corner of Peachtree and 15th streets “anchors” the mixed-use development and alerts visitors to exactly where they are. “The vibrant, interactive MIDTOWN installment creates an iconic anchor for our city within a city for the local community and visitors to enjoy,” North American Properties Vice President of Marketing Liz Gillespie said in a release. “These letters establish a sense of place and further enhance the Midtown brand as the cultural, connected, innovative core of Atlanta.” North American Properties – the developer behind Atlantic Station’s turnaround and Alpharetta’s Avalon – announced plans last year to revolutionize Midtown’s iconic but tired Colony Square, the first large-scale mixed-use development in the Southeast. Most notably, plans call for taking the roof off the retail core of Colony Square to better connect it with the street and lend the sense of a walkable, open-air urban experience.