Bradley Hartwell is the founder of North Town Real Estate, a commercial real estate firm in Grand Rapids assisting clients with acquisition, brokerage, consulting and development projects. He has more than 10 years of experience in all facets of the commercial real estate industry. Contact Bradley at bradley at northtownre dot com or 616.250.0622.
October 18, 2017
| By Bradley Hartwell
The Grand Rapids Business Journal recently published a very informative article by the W.E. Upjohn Institute for Employment Research. The article discusses a rise in big-box retail brick-and-mortar store closings, including “Sears (265 stores closed this year), JCPenney (138 stores) and Macy’s (100 stores)” — and the list continues to grow. While this signals financial challenges for those retailers and landlords, it may also create opportunity for those landlords or investors who are able to purchase these properties as vacant, value-add assets. Read More