Shopping Center Business

MAY 2017

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

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8 • SHOPPING CENTER BUSINESS • May 2017 ® 226 180 | DISCIPLINED GROWTH ECHO Realty has grown geographically and by the types of centers it owns and develops over the past few years. By Randall Shearin 190 | FLOURISHING SECTOR Despite store closures, the retail sector is poised to have another year of growth in 2017. By Bill Rose 194 | REDISCOVERING THE INLAND EMPIRE California's Inland Empire — and neighboring High Desert — has quietly had a renaissance over the past few years. Interview by Randall Shearin 202 | IT'S A NNNEW MARKET The net lease sector senses changes, beginning with upward pressure on cap rates. By Joe Gose 212 | LEASING TO (FINANCIALLY) HEALTHY RESTAURANTS Restaurants and food-and-beverage users are hot tenants today, but not all of them are financial winners. Watching lease terms and clauses can aid owners when taking on the risk of a restaurant tenant. By Jeffrey McNeal 216 | BIG LEAGUE DEVELOPMENT Fuqua Development gives shoppers, diners a reason to visit Battery Atlanta beyond Braves home games. By John Nelson 222 | TOO MUCH OF A GOOD THING? The challenges of a good economy. By Richard Broder 226 | NEIGHBORHOOD PARTNERS For three decades, Peoria, Illinois-based Culllinan Properties has grown by building essential, market-changing properties, even during the leanest of years. And there's plenty more to come. By Lynn Peisner 234 | PEELING BACK LAYERS OF A MALL A former mall near Boston will give way to Arsenal Yards, a mixed-use neighborhood with sections that have distinct, eclectic personalities. By Jaime Lackey REVIEWS 64 | SIPPING SOUTHERN CHARM By Katie Sloan 70 | MEDITERRANEAN MADE EASY By Katie Sloan 74 | TROPICAL SMOOTHIE EVOLVES By Katie Lee 84 | A PART OF THE NEIGHBORHOOD By Katie Sloan 88 | SMART GROWTH By Randall Shearin 92 | THE SUBURBAN STANDARD By John Nelson 98 | RIVULON CONTINUES EXPANSION By Randall Shearin 100 | A RETAIL BREATH OF FRESH AIR By Brian A. Lee 106 | ADDING ENTERTAINMENT By Katie Sloan Table of contents continues on page 12. 216

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