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Welcome to our blog! Our blog will give us the opportunity to share news, updates and success stories we have going on here at Goodman Real Estate. Thank you for visiting!

New Development Under Construction - Worthington Gateway in Worthington, Ohio

New Development Under Construction -
Worthington Gateway in Worthington, Ohio
The City of Worthington in Ohio is undergoing major change at the intersection of North High Street and Wilson Bridge Road, with new developments under construction and proposed. Goodman Real Estate Services Group LLC has had a hand in the redevelopment and revitalization of this well-known destination.
Since 1972, when what was then called The Worthington Square Shopping Center opened its doors, this area has featured restaurants, retailers, and a full-service Holiday Inn hotel that served the local community and community at large.  In 2011, The Worthington Mall, as it was known locally, was redeveloped and changed to The Shops at Worthington Place. Over a dozen stores were added to The Shops at Worthington Place including Pies & Pints, Panera Bread, Orvis, Piada, and First Watch. In December 2018, demolition began on the 7-acre Holiday Inn hotel, paving the way for a new mixed-use development called Worthington Gateway which will include retail, restaurants, service industries, and office space to be developed in its place.
 
Fast forward to today, and Worthington Gateway is well under construction welcoming the first new tenants in spring of 2022. The Shops at Worthington Place is under proposal to redevelop a portion of the shopping center into new Class A office buildings with mixed-use retail/restaurant.
These developments have been approved by the City of Worthington to transform the area into a destination catering to the current needs of retailers, restaurants, and office tenants.
Goodman Real Estate Services Group LLC Vice President and Columbus Office Manager, Daniel Clark, and Goodman Real Estate Services Group LLC Columbus Office Sales Associate, Jessica Sonders are the listing agents for Worthington Gateway, assisting the owners in bringing quality tenants to the development. The three tenants slated to open their doors once the buildings are completed include Club Pilates, Orangetheory, and Tropical Smoothie Café. Club Pilates offers a variety of Pilates classes for any age or fitness level and will take up a 1,675 SF space. Orangetheory provides a space for fitness such as rowing, cardio, and strength training, and will enter a 3,000 SF space. Tropical Smoothie Café offers quality power food and smoothie options to customers on the go and will join Worthington Gateway in a 1,407 SF space. Other new tenants are expected to be announced in December 2021. 
For leasing opportunities and more information on Worthington Gateway, please contact Daniel Clark - This email address is being protected from spambots. You need JavaScript enabled to view it. or Jessica Sonders - This email address is being protected from spambots. You need JavaScript enabled to view it..
 
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Landlord Feature: Wald & Fisher Inc.

Landlord Feature: Wald & Fisher Inc.
Wald & Fisher, Inc., is a multi-generational, family-owned and operated real estate development company located in Beachwood, Ohio. The company began serving the real estate needs of Cleveland-area residential neighborhoods until post-war opportunities led to the acquisition and development of apartment complexes, office buildings, and shopping centers. Today, Wald & Fisher’s portfolio of self-developed properties exceeds 1,000,000 square feet and includes some of the most well-known shopping centers in Greater Cleveland. The Greens of Strongsville (Target, Heinen’s, and T.J.Maxx), The Greens of Lyndhurst (Applebee’s, Fifth Third Bank and Sam Ash), and River Square (Whole Foods) are among their most notable assets. Since 2000, they have been growing outside of Northeast Ohio and currently have properties in Dayton, OH; Augusta, GA; Winston-Salem, NC; and Raleigh-Durham, NC. 
 
Currently, Wald and Fisher, Inc., is developing Pearl Plaza with three new drive-thru anchored, multi-tenant retail buildings and one NEW anchor opportunity. Preliminary site plan approval has been received from the City for the property which is located at 6850 Pearl Road in Middleburg Heights, Ohio. 
For over 20 years, Zack Sogoloff, SVP at Goodman Real Estate Services Group LLC, has worked with Wald & Fisher, Inc., on portions of their portfolio. Today, Zack and Seth Marks, Senior Associate at Goodman Real Estate Services Group LLC, serve as the leasing team for Wald & Fisher’s impressive real estate portfolio. 
 
“Zack and his team have been great partners to Wald & Fisher over the past 20 years and have played an important role in the continued success of our portfolio.
While their market knowledge is second to none, it is the time they take to achieve a detailed understanding of each property that allows for a streamlined deal making / tenant retention process.
We appreciate their dedication to the long-term health of our portfolio, and they are consistently willing to “make the right decision" by viewing them through the property owner’s perspective.”
 
-Marc Glick, Director of Leasing at Wald & Fisher, Inc.
 
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Youngstown, Ohio – New Wingstop Locations to Open in the Youngstown Retail Trade Area

Youngstown, Ohio – New Wingstop Locations to Open in the Youngstown Retail Trade Area
Wingstop will debut two new locations in Youngstown, Ohio.
 
A Wingstop franchisee purchased a shopping plaza at 48 Boardman Poland Road (U.S. Route 224) in Boardman Township, Ohio, which will include the new Wingstop and more available space to be offered at this location. 
 
Wingstop will also open a new location in Niles, Ohio. The restaurant will be located at 6261 Youngstown Warren Road (U.S. Route 422) and will join Little Caesars Pizza, Red Wing Shoes, Subway, and other retailers at Gentry Plaza. The shopping center is on the corner of Youngstown Warren and Niles Cortland roads (State Route 46). Bobby Benjamin, Associate Broker at Goodman Real Estate Services Group LLC, represented Wingstop, the buyer and tenant in these transactions. 
 
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Costar Powerbroker Award Winners for Q2 & Q3 Zack Sogoloff, Seth Marks, and Rob Yaskanich

Costar Powerbroker Award Winners for Q2 & Q3
Zack Sogoloff, Seth Marks, and Rob Yaskanich
The CoStar Power Broker Quarterly Deals Award recognizes commercial real estate's top deals made by brokers in each quarter.
 
Three of Goodman's agents were recipients of the CoStar Power Broker Quarterly Deals Award in Quarter 2 and Quarter 3 of 2021.
 
Zack Sogoloff, Senior Vice President at Goodman Real Estate Services Group LLC and Seth Marks, Senior Associate at Goodman Real Estate Services Group LLC were awarded a Top Retail Leasing Deals Award in Quarter 2 for brokering the Lowe's 20-year lease extension in Mentor, Ohio. Zack and Seth represented the landlord in this transaction.
 
Rob Yaskanich, Senior Director at Goodman Real Estate Services Group LLC, was awarded a Top Retail Leasing Deals Award in Quarter 3 for leasing 3,461 SF to Dave's Hot Chicken in Lakewood, Ohio. Rob represented the landlord in this transaction.  
 
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Coming Soon to Mentor, Ohio - BIBIBOP

Coming Soon to Mentor, Ohio - BIBIBOP
BIBIBOP Asian Grill is coming soon to Mentor, Ohio, and will be located at 7851 Reynolds Road. Construction is in progress to retrofit the existing building for BIBIBOP. The new location is set to open in December 2021.
Restaurants surrounding the Korean-inspired, fast casual spot include DiBella’s Subs, Red Lobster, Mission BBQ, TGI Fridays, and Bob Evans. The 1,985 SF BIBIBOP will offer customers fast and healthy food options for dine-in, delivery, to-go orders, and catering services. Larry Klein, Senior Executive Director, at Goodman Real Estate Services Group LLC, represented the landlord in this transaction.
 
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JUST CLOSED: Morgantown Commons

JUST CLOSED: Morgantown Commons
Goodman Investment Group is pleased to announce the sale of Morgantown Commons in Morgantown, West Virginia. This is the third shopping center sale for a repeat client, Rural King. The 100% leased, nationally anchored shopping center was sold to a private west-coast based investor for 98% of list price. Morgantown Commons, with a vacant Kmart box that was still paying rent, was purchased by Rural King for a brand-new store to add to the thriving retail market.
 
Prior to marketing the property for disposition, Randy Goodman, Alex Justice and Bobby Benjamin were able to lease a 44,620 SF vacancy (32% of the GLA) to Goodwill on a brand new 12-year lease. Additionally, Randy and Alex were able to work on behalf of Rural King, in conjunction with local broker Petroplus & Associates, to extend the leases of the current tenants, adding long-term value to the shopping center.
 
To learn more about the sale, please contact Kyle Hartung, Director of Investment Sales, at This email address is being protected from spambots. You need JavaScript enabled to view it.
 
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Project In Progress: Aldi Coming Soon

Project In Progress: Aldi Coming Soon
Tremont Plaza in Upper Arlington, Ohio is getting a new anchor and façade. Aldi will fill the 18,084 SF former Barnes & Noble Bookstore and will join existing retailers CVS Pharmacy and Panera Bread at the center. Tremont Plaza is prominently located at the intersection of Tremont Road, Northwest Boulevard and Fishinger Road.
 
Tremont Plaza is now fully leased. Zachary Sogoloff, Senior Vice President; and Seth Marks, Senior Associate; at Goodman Real Estate Services Group LLC, represented the landlord in this transaction. Cardinal Commercial Real Estate, represented Aldi in this transaction.
 
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Coming to Ohio - Dave's Hot Chicken

Coming to Ohio - Dave's Hot Chicken
Los Angeles-based restaurant, Dave’s Hot Chicken, will be landing new locations in Ohio with the help of Goodman Real Estate Services Group LLC. Out-of-state restaurant franchises have been looking to Ohio and surrounding Midwest states to expand and create new opportunities for growth. Dave’s Hot Chicken is actively looking to open 28 locations in the Midwest, with plans for 15 locations in Indiana, and 13 in Columbus, Ohio.
 
Goodman Real Estate agents Daniel Clark, Vice President and Manager, Columbus Office; and Chad Hamrick, Senior Director, Columbus Office, have been assisting the Dave Diggity LLC franchisee in finding prime tenant space in the Columbus area. The Nashville-style restaurant was started by best friends Dave Kopushyan, Arman Oganesyan, and Tommy and Gary Rubenyan in an East Hollywood parking lot in 2017. Since then, they have perfected their hot chicken recipe to satisfy customers in California, Toronto, Oregon, Nevada, Colorado, Texas, and soon Ohio and Indiana. They specialize in mouthwatering hot-chicken sandwiches and tenders, along with homemade sides and secret sauce. Already secured Dave’s Hot Chicken locations in Columbus are anticipated to open as soon as late 2021 or early 2022. For leasing opportunities and more information on remaining space please contact Daniel Clark at This email address is being protected from spambots. You need JavaScript enabled to view it. or Chad Hamrick at This email address is being protected from spambots. You need JavaScript enabled to view it..
 
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Landlord Spotlight: Zeisler Morgan Properties Ltd.

Landlord Spotlight: Zeisler Morgan Properties Ltd.
Zeisler Morgan Properties Ltd. is a privately-owned, full-service shopping center development company headquartered in Cleveland, Ohio. Ridge Park Square, a 564,000 SF shopping center with approximately 50 tenants, is among their most notable assets.
 
For seven years, Goodman Real Estate Services Group LLC agents, Zack Sogoloff and Seth Marks, have served as the leasing team for Zeisler Morgan’s 900,000 SF, Class A shopping center portfolio in Northeast Ohio. Bi-weekly meetings, monthly leasing reports, premier marketing tactics, and strong communication with all parties have been the backbone of this relationship. Zack and Seth work directly with Goodman's marketing team to attract best-in-class tenants and ensure that all properties within the Zeisler Morgan's portfolio maintain high occupancy levels. This process has created numerous successful tenants, which include Ross Dress For Less, Starbucks, Bank of America, Chase Bank, Dollar Tree, Taco Bell, Five Guys, and more.
 
"ZM’s relationship with Goodman is in its 7th year now which says a lot about how we have found an excellent formula for working together as a unified team. Above all else, it is Goodman’s knowledge, experience, and client focus, that we value the most."
-Shannon Blackwell, President & Chief Operating Officer at Zeisler Morgan
 
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Goodman Real Estate Introduces Lease Renewal and Restructuring Program

Goodman Real Estate Introduces Lease Renewal and Restructuring Program
Many tenants today do not have the staff, time, or industry insight to concentrate on lease renewals or restructurings. For our clients, we provide thorough analysis of their leases and offer strategy and advice to develop and achieve short-range solutions or long-range real estate planning.
 
Businesses needs change over time. We educate ourselves on our customers' current requirements and advocate on their behalves with their landlords to effectuate the change required by their current business model.
 
Whether it’s restructuring leases for savings, securing capital for improvements, lengthening terms, handling dispositions, or solving other problems, we have the industry knowledge and expertise to offer tenants comprehensive guidance on their leased property.
 
To learn more about our lease renewal and restructuring program, please contact Larry Klein at 216-381-8200 and at This email address is being protected from spambots. You need JavaScript enabled to view it..
 
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Car Wash Wars

Car Wash Wars
The car wash industry proves to withstand the negative real estate impacts that came with COVID-19. It is a solid example of necessary brick and mortar real estate that cannot be replaced by the internet. Car washes are shifting towards a subscription-based membership program, much like a fitness center, to guarantee revenue, create loyalty, and decrease long-term income risks.
 
With the increased interest of real estate investors in the car wash business, corporate and franchised companies are looking to turn what is typically identified as a locally owned specialty, into a multiple-location chain business.
 
Dozens of these corporate car wash companies are looking to enter and expand into the Northeast Ohio market. These companies have quickly realized that they need to compete for real estate and fight for each and every site. The demand for car wash sites is extremely high, while the supply of high-traffic real estate in densely populated markets is low. Landing in the market first with multiple locations will help push one car wash brand ahead of the other. Investors and operators are more willing to pay premium prices to outbid their competition on the best commercial real estate to secure market dominance.
 
 
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Net Lease Assets for Sale

Net Lease Assets for Sale
Since the start of the pandemic, net-lease real estate has gone through a time of uncertainty while investors determine how the market will shift. However, during this time of hesitation from investors, the market for investment grade, single-tenant assets has remained strong. Credit tenants contain a credit rating of BBB- or higher from credit rating agencies such as Standard & Poor’s and Moody’s. Private and institutional investors view these assets as less risky while producing stable returns.
 
The Goodman Investment Group has closed numerous single-tenant net-lease assets since the start of the pandemic that contain a strong credit rating. Recently, the Goodman Investment Group sold an off-market Walgreens to a West Coast- based private buyer at full ask price for a repeat client.
 
Please inquire directly with Kyle Hartung or Jeff Sabo for information regarding other net-lease assets for sale.
 
This email address is being protected from spambots. You need JavaScript enabled to view it.
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Rural King Relationship Continues to Thrive

Rural King Relationship Continues to Thrive

When Bobby Benjamin was fortunate enough to find Rural King over 15 years ago and help the company acquire several new store locations over the following years, it was hard to envision how dynamic the broker and client relationship would evolve to be today. Rural King is now represented by Goodman Real Estate Services Group LLC on all real estate acquisitions, dispositions, investment sales, and marketing services throughout the US. 

Rural King is a farm and home supply store with 130 locations across 13 states. Their store expansion rate has increased since Randy Goodman and Alex Justice began managing the account in 2015. Goodman and Justice have since sealed 39 acquisitions, with many more to come in 2021.

Goodman and Justice work closely with Rural King’s Real Estate Department and several other Rural King and third-party team members to accomplish all acquisition and sale/lease projects. What started out strictly as new-store-location purchases has since expanded to include a portfolio of owned-property sales/leases and investment properties bought or sold by Goodman Real Estate Services Group for Rural King.

According to Justice, “Our company has an all-hands-on-deck approach when working with Rural King. Randy and I are the Rural King-Goodman team leaders and deal makers. We work together to manage and complete our list of tasks while making the most of the team we have behind us both in-house and out of state* to get everything accomplished.”

Goodman Real Estate Services Group’s marketing team has played a pivotal role in promoting Rural King’s brand and properties. The team launched and still manages Rural King’s real estate  , which currently includes a portfolio of approximately 50 properties that are available for sale or lease. All marketing materials, including property brochures, portfolio books, site planning, demographic reports, digital and physical maps, etc., are planned and created in-house by the marketing team. 

Kyle Hartung, Director of Investment Sales, and Jeff Sabo, Investment Sales Advisor, manage the investment sales portion of the Rural King account. Hartung and Sabo provide pricing analysis and leasing recommendations, nationally market and source buyers for Rural King-owned shopping centers, and examine potential acquisitions. The investment sales team has transacted on behalf of Rural King throughout the Mid-Atlantic, Mid-West, and South.  

On March 13, 2021, Rural King opened six new locations in Indiana (Avon and LaPorte), Ohio (Chillicothe and Cambridge), and Pennsylvania (State College and Hanover). Goodman Real Estate Services Group is always looking for more big boxes of at least 75,000 square feet or shopping centers with a vacant big box for Rural King to acquire to continue their strategic growth.

*Goodman Real Estate Services Group LLC partners with Veritas Realty, Interstate Realty Company, Petroplus & Associates, Inc., KP Commercial Real Estate, Pinpoint Retail Company, LLC, and Cojak Land Services, LLC to sell/lease properties in Indiana, Florida, Tennessee, Virginia, West Virginia, Alabama, Pennsylvania, and Illinois.

 

 

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Drive-Thru Experience - Changing the Game of Quick-Service Restaurants

Drive-Thru Experience - Changing the Game of Quick-Service Restaurants

In wake of the COVID-19 pandemic, the importance of quick service restaurants having drive-thrus soared in 2020. While many dine-in services remain closed or limited capacity, research shows that drive-thru windows are not only here to stay, they are rapidly growing. Restaurants are starting to see the benefits and results of elevating the ordering experience. Many Chick-fil-A locations revamped their hospitality service design by investing in dual-lane drive-thrus to handle the large capacity of customers. A new and evolving alternative is the pick-up lane or walk-up window option. 

 

Starbucks has introduced a drive-thru-only model that incorporates a special walk-up window for customers ordering through the Starbucks app. Restaurants like Chipotle and Wingstop, who have historically been sit-down, are now introducing pick-up windows for customers to grab their food and go. Several restaurants incapable of accommodating the new trend are actively seeking fresh locations that will allow them to offer customers a seamless drive-thru or pick-up experience. 

 

In the last year, Goodman Real Estate Services LLC has completed 36 drive thru deals with clients such as Starbucks, Chipotle, Chick-fil-A, Dairy Queen, Slim Chickens, and Panda Express. It is estimated that 55 more transactions are to come in 2021. As quick-service experiences change over time, one thing is certain: every client of Goodman Real Estate Services LLC wants to provide the best possible experience for their customers.

 

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Chipotle's New Location in Defiance, Ohio

Chipotle's New Location in Defiance, Ohio

Congratulations, Chipotle! Their new location in now open in Defiance, Ohio!

#cre #commercialrealestate #goodmanre #chipotle #nowopen #DefianceOhio #DefianceOH #growth #restaurants

#restaurantnews #restaurantindustry #hospitality #realestate

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The Greens of Lyndhurst - Berg’s Baby & Teen Furniture Celebrates Centennial

The Greens of Lyndhurst - Berg’s Baby & Teen Furniture Celebrates Centennial

Berg’s Baby & Teen Furniture celebrates centennial

Berg's Baby & Teen Furniture is located at The Greens of Lyndhurst on Mayfield Road. There are current spaces available at The Greens of Lyndhurst to join this well known and established business. For current opportunities, contact Zachary Sogoloff or Seth Marks.

 

Link to full article

 

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Starbucks NOW OPEN in Groveport, Ohio

Starbucks NOW OPEN in Groveport, Ohio

Starbucks is NOW OPEN in Groveport, Ohio! Located at 3850 S Hamilton Road, Starbucks is in the new Hamilton Road retail development, joining Rally's, and Pizza Hut "coming soon".

2,380 SF endcap with patio is currently remaining. For additional opportunities in the Hamilton Road retail development, contact Daniel Clark or Jessica Sonders.

Retail Development information: https://lnkd.in/dCZU-Mc

#cre #commercialrealestate #goodmanre #starbucks #nowopen #GroveportOhio #GroveportOH #restaurants #restaurantnews #restaurantindustry #hospitality #realestate #development

 

 

 

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Earth Fare Now Open at The Venue at Belden

Earth Fare Now Open at The Venue at Belden
Earth Fare reopens at The Venue at Belden!
 
The supermarket closed all of its locations in February 2020. A team of current and past Earth Fare professionals reclaimed the brand and revitalized the top-performing stores. Due to its prior success in the market, the Earth Fare in Canton, Ohio, reopened in December 2020.
 
Earth Fare rejoins T.J.Maxx, HomeGoods, Kirkland’s and more at The Venue at Belden. The shopping center is situated directly across the highway from Belden Village Mall and has excellent visibility and access to I-77. Randy Goodman, President at Goodman Real Estate Services Group LLC, represented the landlord in this transaction.
 
To join Earth Fare at The Venue at Belden, contact Randy Goodman for current opportunities.
Email This email address is being protected from spambots. You need JavaScript enabled to view it.
 
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Real Estate Partner: PNC Bank

Real Estate Partner: PNC Bank
Today, banks recognize that branches are a high-cost distribution channel. The banks strategically look for ways to consolidate their branch locations that provide the least amount of customer disruption.
 
PNC recently announced that they will close several more branches in their portfolio. Due to the effects of the coronavirus, more consumers are turning to digital banking. Many customers are visiting branches less often due to the availability of technology. The banks hope to see that their digital sales compensate for the loss of the brick and mortar locations.
 
Goodman Real Estate Services Group LLC has worked as an outsourced real estate partner with PNC Bank since 2013 and has completed more than 15 transactions. Our responsibilities include negotiating leases for remote ATMs and the sale of PNC-owned bank branches as well as the sub-leasing of surplus properties and lease terminations.
 
For more information, please contact Steve Altemare.
Email This email address is being protected from spambots. You need JavaScript enabled to view it.
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Smoothie King Now Open in Painesville, Ohio

Smoothie King Now Open in Painesville, Ohio
Smoothie King is NOW OPEN at 1188 Mentor Avenue in Painesville, Ohio!
Zack Sogoloff, Senior Vice President; and Seth Marks, Senior Associate at Goodman Real Estate Services Group LLC, represented the landlord in this transaction.
 
Hours of Operation:
Monday - Friday: 6:30 a - 9 pm
Saturday: 8 a - 9 pm
Sunday: 10 a - 8 pm
 
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Anytime Fitness NOW OPEN in Cambridge, Ohio

Anytime Fitness NOW OPEN in Cambridge, Ohio
Anytime Fitness is NOW OPEN in Cambridge, Ohio. Located in Parkway Plaza, Anytime Fitness joins other major retailers and restaurants including Rural King (coming soon), Starbucks, Chipotle, Great Clips, Dollar Tree, Cato, Taco Bell, Burger King, Walmart, Aldi, Curves, Buffalo Wild Wings, Arby’s, Tractor Supply Co, and more!

Congratulations Anytime Fitness on your new location!

For other opportunities is Parkway Plaza, contact Randy Goodman at Goodman Real Estate Services Group LLC.


#cre #commercialrealestate #goodmanre #anytimefitness #CambridgeOhio #retailnews #retail #retailrealestate #nowopen
 
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Be Thankful!

During this holiday season and as we approach the end of the new year, we want to thank all of you, our clients, colleagues, friends, and customers. You have helped make Goodman Real Estate Services Group successful by working with us this year and, for many of you, throughout the past 22 years. It is gratifying that you have continued to place your trust in our team, and we truly appreciate the opportunity to work with each and every one of you. Thank you!

We say this every year, but it's more applicable this year given the pandemic that we are all struggling to survive. In the rush and excitement surrounding the holidays, we need to pause to remember those individuals, especially the children, who are less fortunate and rely on charitable organizations to provide them with essentials, such as food, educational supplies and resources, clothing, and shelter. In consideration of these individuals and promotional organizations, in lieu of material gifts this holiday season, Goodman Real Estate Services Group has chosen to make monetary donations to over 40 organizations.

On behalf of our team at Goodman Real Estate Services Group, we wish you and your loved ones a joyful holiday season and a healthy and prosperous 2021.

Sincerely,

The Goodman Real Estate Services Group Team

 

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Slim Chickens to open more than 50 locations in 2021

Slim Chickens to open more than 50 locations in 2021

Slim Chickens Inked Agreements to Open 150 Units // QSRmagazine.com

 

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Mentor, OH - Heisley Pointe Transformation - From Construction to Completion

December 10, 2020 ---- What once was a vacant discount bookstore on the corner of Heisley Road and Mentor Avenue, is now a beautiful, newly redeveloped, multi-tenant pad building with large modern facades and a new street-side monument sign. Heisley Pointe is now home to Starbucks, Beyond Juicery + Eatery, Penn Station East Coast Subs, and many other retailers.

Rick Ferris, owner of Heisley Pointe shopping center, reached out to Zack Sogoloff, Senior Vice President, and Seth Marks, Senior Associate at Goodman Real Estate Services Group, to discuss ideas and potential values for his center. Zack and Seth’s first move was to replace the defaulting Ruku’s restaurant with a concept that would bring different customers to the center.  The duo found a modern, healthy, meal-prep restaurant, Clean Eatz, to lease the 2,400 SF space. Clean Eatz offers meal plans, catering, and dine-in options and acts as the hub for a healthy lifestyle in the community.

Heisley Pointe is comprised of two buildings, a large 24,000 SF multi-tenant building with various local businesses that faces Heisley Road, and an 8,000 SF pad building. The intersection is shared with Walmart, Walgreens, and Speedway. Retail anchors, Meijer, Lowes, Target, and Kohl’s, are all within a one-mile radius.  

Zack and Seth then prepared the owner to invest in a massive redevelopment of the 8,000 SF bookstore pad building. The redevelopment resulted in an 8,000 SF multi-tenant space facing Mentor Avenue.

After Clean Eatz joined Heisley Pointe, the property became of high-interest to national restaurants. Starbucks and Penn Station signed leases to occupy two of the four spaces in the redeveloped building. The existing My Kids Childcare expanded its space to 4,800 SF, and American Shaman and Sequoia Realty joined the main building at the center. 

Zack and Seth's plan to convert the former bookstore pad into a modern, multi-tenant building enabled the landlord to raise the potential value of the pad building from under $800,000 to over $3,750,000. In addition to creating this value, Zack and Seth stabilized the main center, added new tenants, and helped the owner position its asset for sale. 

There is only one 2,100 SF space remaining in the newly redeveloped pad building.  Please contact Zack Sogoloff or Seth Marks for additional information on this property.

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The Newly Opened Glick's in Mattoon, IL

The Newly Opened Glick's in Mattoon, IL
 
Glik's opened last month in Mattoon, Illinois! Glik's joined Rural King, Marshalls, JoAnn, JCPenney, and McQuarter's Pub at Cross County Mall, as well as The Home Depot, Walmart, AMC Theatres, PetSmart and many other retailers within close proximity to the mall. For additional opportunities at the Cross County Mall, contact Bobby Benjamin or Alex Justice.
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T.J.Maxx Coming to Alliance, Ohio

T.J.Maxx Coming to Alliance, Ohio
T.J.Maxx is currently under construction in Alliance, Ohio. Opening in Spring 2021, T.J.Maxx will join Dollar Tree, Verizon, Sally Beauty and Sleep Outfitters just outside Carnation City Mall at 2600 West State Street.
Randy Goodman, President, and Alex Justice, Sales and Leasing Associate at Goodman Real Estate Services Group LLC, represented T.J.Maxx in this transaction.
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Five Guys Now Open at The University of Akron!

Five Guys Now Open at The University of Akron!

Five Guys is NOW OPEN at the University of Akron! Located at University Edge, a retail and housing development across from The University of Akron, Five Guys joins other quick service restaurants, including Chipotle, Arby's, Penn Station, and more. Zachary Sogoloff, Senior Vice President, and Seth Marks, Senior Associate, with Goodman Real Estate Services Group, represented the landlord in this transaction. Richard Edelman, Senior Vice President/Principal of Goodman Real Estate Services Group LLC, represented Five Guys in this transaction.

 

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Goodman Real Estate is a Top Broker in 2020

Goodman Real Estate is a Top Broker in 2020

Goodman Real Estate made the Best of the Best 2020 Top Brokers Midwest Real Estate News list! Very proud of our team and our accomplishments this year!

 

Best of the Best 2020 Top Brokers // Midwest Real Estate News 

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MISSION BBQ Grand Opening in Boardman, Ohio

MISSION BBQ Grand Opening in Boardman, Ohio
MISSION BBQ is NOW OPEN at 1051 Boardman Poland Road in Boardman, Ohio. Check out these moments from the grand opening!
Richard Edelman, Senior Vice President/Principal at Goodman Real Estate Services Group LLC represented MISSION BBQ in this transaction.
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Earth Fare Plans Return to The Venue

Earth Fare Plans Return to The Venue

Earth Fare plans return to The Venue // CantonRep.com

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The Great Greek Mediterranean Grill to Join Westwood Town Center

The Great Greek Mediterranean Grill to Join Westwood Town Center
COMING SOON... The Great Greek Mediterranean Grill will be joining Westwood Town Center in Rocky River September 2020.
For more opportunities in Westwood Town Center, contact Zachary Sogoloff or Seth Marks.
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New Starbucks Making Great Progress at Ridge Park Square!

New Starbucks Making Great Progress at Ridge Park Square!
The new Starbucks location in Ridge Park Square is making great progress! Located in Brooklyn, Ohio, Starbucks will join Lowe’s, Marc’s, Ashley HomeStore, AMC, TJ Maxx, Bed Bath & Beyond, Michaels, Ross and other retailers soon! For additional opportunities in Ridge Park Square, contact Zachary Sogoloff or Seth Marks.
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Client Spotlight: First Watch

Client Spotlight: First Watch

First Watch, The Daytime Cafe, is making waves in the industry in the eyes of not only their customers but also the community, as well. Their new location and commitment to end child hunger is giving us plenty to be thankful for this season. 

The Florida-based company is known as the Daytime Café because of its limited hours and commitment to serving the highest quality breakfast, brunch and lunch from 7 a.m. to 2:30 p.m. The concept first opened in 1983 by John Sullivan and Ken Pendery, who currently holds the chairman position within the company. 

A new location just opened in Belden Village, the restaurant company’s 10th in the Cleveland-Akron area, on September 30th. This new location is First Watch’s first stand-alone restaurant locally, residing in a space once occupied by The Rustic Barrel. The cafes have historically been situated within strip centers. The new First Watch will employ 30 to 40 people with seating for 200.

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Client Spotlight: TJX Companies

Client Spotlight: TJX Companies

Discount retailer, Zayre Corp, was responsible for the opening of the first two T.J.Maxx stores in the U.S. in 1977, which were both located in Massachusetts. T.J.Maxx was considered an off-price store, which was different from a traditional discount store because a retailer buys merchandise from manufacturers that have excess inventory and negotiates prices below wholesale. By the late 1980s, Zayre Corp was reconstructed and formed three brands – T.J.Maxx, Hit or Miss, and Chadwick’s of Boston. These stores were the initial brands that would eventually become The TJX Companies. Today, the retail giant encompasses T.J.Maxx, Marshalls, HomeGoods, HomeSense, Sierra, Winners, and T.K.Maxx.

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Experiment Retail in an Instagrammable Age

Experiment Retail in an Instagrammable Age

Experiment retail is somewhat of a new term that gives reason to why customers should visit a brick and mortar.

The fate of brick and mortar has been a hot topic for years but one thing is for certain: There is opportunity for stores to create experiences where customers want to come in – opportunities that online shopping cannot provide.

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Client Spotlight: The Home Depot

Client Spotlight: The Home Depot

The prominent orange that covers the massive store fronts of The Home Depot stores across the world began as the idea of two DIYers who wanted to help people create the homes of their dreams.

Bernie Marcus and Arthur Blank talked up the idea of creating a space where shoppers could come in, find supplies and tools they needed, and receive knowledge from trained associates eager to help. They imagined a store where not only could you find everything you needed for your next project in one place, but also somewhere customers could learn how to do the project from a knowledgeable staff.

That vision became a reality in 1979, when the first two Home Depot stores were built in Atlanta, Georgia. The company then went public in 1981.

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Restaurants & Retail Leading the Way for a More Sustainable Future

Restaurants & Retail Leading the Way for a More Sustainable Future

To honor Earth Day this year, we’re taking  a look at how the day came to be and how certain restaurants and food-related retailers are making strides to adapt and become more eco-friendly.

Earth Day is celebrated on April 22 of each year and began as the modern environment movement in 1970. During a time in America when leaded gas, industrial building smoke stacks, and air pollution were not highly contested, the first Earth Day was introduced by Gaylord Nelson, then a U.S. Senator from Wisconsin, who witnessed the devastating effects of the 1969 oil spill in Santa Barbara, California. His goal was to enforce environmental protection into the national political agenda. By the end of 1970, that first Earth Day led to the creation of the United States Environmental Protection Agency and the passage of the Clean Air, Clean Water, and Endangered Species Acts. By 1990, Earth Day went global and encouraged those around the world to participate in a day that put environmental consciousness on the forefront. While much has been done to protect the Earth since 1970, issues such as global warming and plastic pollution in our oceans have forced changes in the consumer experience.

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What's Next for Empty Big Boxes?

What's Next for Empty Big Boxes?

It's not surprising that big box retailers have felt the effects of this digital age, which has forced many, including Toys”R”Us, Sears, Macy’s and more to close stores. So, what happens to that space and how are investors and real estate professionals attempting to make use of it?

Most often, people seek to reuse the space. This option is the most environmentally friendly but with carbon footprint aside, this option also helps retailers looking for smaller space. By dividing these large big boxes, real estate developers can accommodate multiple tenants. The age of massive retail space may be over, since consumers are gravitating towards online purchasing but retailers are adjusting to this and downsizing, now offering less inventory in-store and giving consumers the option to order the products they see, online. Showrooms are something retailers are experimenting with as well. This allows customers to get that physical touch a brick and mortar provides and then allowing them to make a purchase online and have the product delivered.

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The New ‘Chick’ On the Block is Already Making an Impact in the Community

The New ‘Chick’ On the Block is Already Making an Impact in the Community


Chick-fil-A in Mayfield Heights, Ohio is now open and they made sure the community was involved with its debut.

The popular restaurant chain typically gives away free food for a year when opening a new location but with this opening in Mayfield Heights, there was a twist. The first 100 people to arrive at the restaurant before 9am the day before the grand opening, slated for Thursday, January 10th, were invited to board a charter bus that would take them around the community and volunteer before getting back to the restaurant in the afternoon to claim their prize of a weekly Chick-fil-A sandwich meal for a year. This “First 100 Road trip” encourages participants to get involved with their community and allows Chick-fil-A to get acquainted with some of their new neighbors. Operator Billie Federer told WKYC that they “would rather do something and make sure they’re being a positive influence in the community”. The group was able to donate canned goods and books to local charities.

Chick-fil-A is the newest tenant at Golden Gate Shopping Center, located on Mayfield Road in Mayfield Heights, OH. They join other tenants including Fresh Thyme Farmer’s Market, PetSmart, Marshall’s, Joann and Cost Plus World Market. The 371,748-square-foot shopping center recently went under a $5 billion improvement plan that was completed in 2018.

For more information about this location or available space, contact Jim Becker or Rob Yaskanich of Goodman Real Estate Services Group LLC at 216-381-8200.

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Mattoon Illinois' Cross County Mall Gets New Ownership and Looks to Add New Tenants

Mattoon Illinois' Cross County Mall Gets New Ownership and Looks to Add New Tenants

The Cross County Mall in Mattoon, Illinois recently came under new ownership. Rural King Realty LLC took over the 300,000-square-foot enclosed mall which is currently anchored by JCPenney. Rural King is set to open January 2019 in a 75,000-square-foot former Sears, and Scotty’s Brewhouse will also be joining within the year. These two new additions will draw residents from up to 45 miles away for a more experience-driven shopping destination. Rural King caters to a rural consumer, offering sporting and outdoor goods, lawn and garden, working apparel, food, household, farm, and livestock accessories. The retailer provides a unique shopping experience as customers are welcome to grab some popcorn and a cup of coffee as they shop. Rural King has their corporate office and distribution center in Mattoon.

Scotty’s Brewhouse will be serving up craft beer and their fresh, signature ground chuck that is used in every burger while making most sauces and dressings in-house. The restaurant entices the sports fan with lots of TVs and lively atmosphere.

The mall, which is located at the crossroads of Interstate 57 and State Route 16, is the primary shopping destination in the Charleston-Mattoon area, a market of over 100,000 people and home to two colleges.

For leasing information, please contact Alex Justice or Bobby Benjamin at Goodman Real Estate Services Group LLC 216-381-8200.

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Clean Eatz Opens at Heisley Pointe

Clean Eatz Opens at Heisley Pointe

Zachary Sogoloff and Seth Marks recently went to the grand opening of the health-conscious restaurant, Clean Eatz, which is now open in Heisley Pointe Shopping Center, located at the intersection of Mentor Avenue and Heisley Road in Mentor, Ohio.

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The Not So Obvious Reasons You Should Invest in Successful Restaurant Chains

The Not So Obvious Reasons You Should Invest in Successful Restaurant Chains

Americans spent more money dining out than in grocery stores for the first time ever in 2015. Since then, restaurants have made changes to accommodate today’s consumer. These changes can be a huge payoff for investors looking to contribute to an already successful, established corporation such Starbucks, Chick-fil-A, and Chipotle. But why should investors, more now than ever, choose to invest in restaurants such as these? Customers want quality, convenience, and a unique experience while dining and because these companies have capitalized on these trends, they offer a unique and stable opportunity for investors

Larger and more established restaurant chains aren’t necessarily looking for constant expansion opportunities. This allows the companies to pay out more of their profits to shareholders, instead of investing in new business. For example, Starbucks generated $23.1 billion in net income from 2008-2017 while paying owners $5.2 billion and reinvesting $17.9 billion back into the company. With this, companies like Starbucks can dabble in craft markets such as health-focused and high end experiences without much risk. Starbucks has already seen success in its luxury reserve roasteries that offer higher-priced menu items in a unique store layout.

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Goodman Real Estate Services Group, LLC Visits Chipotle Store #1

Goodman Real Estate Services Group, LLC Visits Chipotle Store #1

                

Our Senior Vice President/Principal, Richard Edelman, recently had the opportunity to visit the site of the first Chipotle Store in Denver, Colorado.

This location opened in 1993 and at that time only served burritos. Currently, the location is a hot spot for University of Denver students and Chipotle history buffs alike.

Richard has been working with Chipotle since 2000 and has successfully negotiated 70 transactions, including the milestone 500th location in Fairview Park, OH. Seeing where it all began for one of Goodman Real Estate Services early clients, who have helped build our company into what it is today, was a homecoming and an exciting encounter!

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Local Brokers Know Best

Local Brokers Know Best

Recent work for a franchisee of WingStop (a Top-50 national chain in the quick-serve restaurant industry) proves that local broker knowledge can be indispensable, even when the chain itself has strict guidelines.

The issue was demographics, where the head office in Dallas instructs its operators to pursue only certain neighborhoods with an “ideal” mix of incomes, density and ethnicity.

When following the guidelines, one unit here in northeast Ohio turned in a less than stellar performance, even though it hit every requirement of a typical WingStop.

In acquiring the next site, we were able to convince the franchisor to get behind a different sort of ethnic and income mix, that provided steady traffic at all hours of the day (especially from 6:00 pm to midnight, when most wings and fries are sold) due to road patterns, other quick-serve food players in the vicinity, and demand generators like hotels or a cinema.  Because the name WingStop is not generally known here yet and customers may think it’s a mom-and-pop (they recently exceeded 1,000 stores), the sales started slowly but have been steadily building, to the point where year two performance was 30% over year one and continues to grow.

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10 Things Clevelanders Should Know About Culver's

10 Things Clevelanders Should Know About Culver's

Thanks to our Senior Vice President, Steve Altemare, Wisconsin’s well-known Culver’s is headed to Northeast Ohio soon. The chain, represented exclusively by Altemare in Northeast Ohio for all of its transactions, features buttery cheeseburgers and smooth custard with enough variety to make dairy lovers swoon. But there’s more to this family-owned business than just cheese curds and fries. Click "Continue Reading" to learn 10 interesting facts about Culver's that will have you jonesing for your very own ButterBurger.

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The Venue at Belden Breathes New Life into North Canton Retail Corridor

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A shopping center located at the northeast corner of Whipple Avenue and Everhard Road in Canton, Ohio, has come a long way since DeVille Developments hired Goodman Real Estate Services Group to market a shopping-center-turned-office-building into the beautifully redesigned, highly competitive retail destination it is today. The conversion of this former Hills Department Store into a call center 15 years ago practically killed this 40,000-vehicle-per-day  intersection. Now, retailers and restaurants are again clamoring to locate there.

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Columbus’ Clintonville Neighborhood Welcomes Portland, Oregon-Based Hair Salon Bishops

Columbus’ Clintonville Neighborhood Welcomes Portland, Oregon-Based Hair Salon Bishops

With 16 years of success in the Pacific Northwest under their belt, Portland, Oregon-based Bishops Cuts / Color has embarked on an extensive national expansion program that now includes Columbus, Ohio.

Bishops, a co-ed hair salon who describes themselves as offering “on-demand, on-trend hair care at affordable prices with a street style aesthetic” will be opening its first location in the Midwest in Clintonville, a trendy neighborhood in the heart of Columbus just north of The Ohio State University’s campus.

They join the recently-opened second location of Columbus staple Hot Chicken Takeover in a brand new multi-tenant retail center at the southwest corner of High Street and Deland Avenue. Bishops will occupy a 1,330 SF space with 10 retro-style barber chairs. Their grand opening will be on Saturday August 5, 2017.

Bishops Cuts / Color currently has 14 locations in Greater Portland, Oregon, 3 in Seattle, Washington, and one in Tempe, Arizona. The company will also open a location in San Diego, California this September.

Steven Dorsky, Senior Executive/Director of our Columbus office, represents the Columbus franchisee for Bishops Cuts / Color.

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The Shoppes on Bluebell Now Open in New Philadelphia, Ohio

The Shoppes on Bluebell Now Open in New Philadelphia, Ohio

Over Memorial Day Weekend 2017, Starbucks Coffee welcomed customers to the grand opening of its very first location in New Philadelphia, Ohio.

The location is part of the brand new Shoppes on Bluebell, a 10,400 SF retail development on 2 acres of land just off of Interstate 77 and conveniently located halfway between Cleveland and Interstate 70. Other tenants new to the market that are scheduled to open this summer at Shoppes on Bluebell are Smoke the Burger Joint, a fast-casual burger concept founded by the owners of Old Carolina Barbecue Company, and Chipotle Mexican Grill. In addition to this, two more tenants are currently under negotiation with the property owner and client of Daniel Clark and Heather Bowden-Ebright, Witness Hospitality.

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Starbucks Expanding Throughout Ohio

Starbucks Expanding Throughout Ohio

Five new Starbucks locations are planned to open throughout Ohio, in Columbus, North Canton, Westerville, Macedonia, and Medina. The Wilson, a new mixed-use retail and residential development located at the corner of E. Lane Avenue and N. High Street, a main gateway to The Ohio State university campus in Columbus, Ohio, will welcome Starbucks, Chipotle, and CoreLife Eatery. Starbucks will also be coming soon to a new retail strip at the intersection of Polaris Parkway and Cleveland Avenue, part of a broader development anchored by a HealthSouth rehabilitation hospital, in Westerville, Ohio. Starbucks will be joined by Local Cantina and Bru Burger Bar in the 14,500-square-foot strip called The Corner  In Westerville, Ohio. Starbucks plans to open approximately 12,000 new stores globally by 2021. Steve Altemare, Senior Vice President, and Dan Clark, Vice President at Goodman Real Estate Services Group, Columbus Office, represented Starbucks in this transaction.

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Taco Bell Coming Soon to Detroit Road in Avon, Ohio

Taco Bell Coming Soon to Detroit Road in Avon, Ohio

Taco Bell will be joining one of Northeast Ohio’s most successful regional trade areas on Detroit Road in Avon. The new site will be placed in between Burger King and Fifth Third Bank. The fast food chain will be joining a vibrant community, with French Creek Square, Avon Commons, and City Centre of Avon all located just minutes down the road. The area continues to grow, and a new HomeGoods just moved into Avon Commons this past April. Michael Solomon, Senior Director at Goodman Real Estate Services Group, represented the buyer in this transaction. Zack Sogoloff, Senior Vice President, and Seth Marks, Senior Associate with Goodman Real Estate Services Group, represented the seller in this transaction.

 

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