The Crexi Commercial Real Estate Podcast | CRE Insights & Strategies Jeff Enck & the Resilience of Retail Strip Centers
This episode examines the unique positioning of retail strip centers and their unexpected resilience with Jeff Enck, Senior Vice President of Matthews REIS.
The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with top CRE professionals. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate.
In this episode of The Crexi Podcast, host Shanti Ryle interviews Jeff, a Crexi PRO Broker, about his 25+ years of experience working in retail investment sales. They delve into Jeff's career trajectory, starting from his initial real estate role to his current focus on unanchored retail strip centers.
The discussion covers the historical and current trends in this retail segment, the impact of COVID-19, and the unexpected resilience and rent growth of strip centers. Jeff shares insights on the types of tenants that create a stable, profitable mix and discusses the future prospects and potential challenges for this asset class. He also offers advice for potential investors and developers looking to enter this market.
- Welcome to The Crexi Podcast
- Meet Jeff Enck: A Real Estate Veteran
- Jeff's Career Journey: From Carpets to Commercial Real Estate
- Early Days in Real Estate: Challenges and Lessons
- The Evolution of Retail Investment
- The Resilience of Strip Retail Centers
- Defining Strip Centers and Market Overview
- Institutional Interest in Strip Centers
- Trends and Surprises in the Strip Center Market
- Impact of COVID on Strip Centers
- Tenant Mix and Future Trends
- Challenges and Opportunities in Strip Centers
- Advice for Landlords and Developers
- Rapid Fire Questions and Closing Remarks'
About Jeff Enck:
Jeff Enck stands as a distinguished Senior Vice President at Matthews Real Estate Investment Services™, bringing over two decades of experience in retail investment sales. Throughout his 25-year tenure, Jeff has consistently demonstrated industry achievement and leadership, earning a reputation as a seasoned professional with hundreds of closed transactions on behalf of some of the most well known names in real estate.
Prior to Matthews™, Jeff served as senior vice president for SRS Real Estate Partners. In this role, Jeff spearheaded a new service line, specifically focusing on the sale of unanchored retail assets. This initiative not only marked an expansion of SRS’ capital markets service offerings but also underscored Jeff’s commitment to maximize value for investment property clients. Jeff has been featured as both a speaker and guest writer in Shopping Center Business, Southeast Real Estate Business and Databank Retail Symposium.
For show notes, past guests, and more CRE content, please check out Crexi’s blog.
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