Crushing it with Grocery Anchored Retail Centers with Jim Dillavou, Co-Founder, Paragon Commercial Group

In this episode, we focus on the specific sub-asset class of retail – grocery-anchored centers. Jim discloses the secret sauce of succeeding in retail and the most important factor in determining success of any new business.

Extremely important to vet retail tenants as you are “married” to them for sometimes up to 30 years.

How Jim is a self-proclaimed “retail nerd” and sits in retail centers and observes tenant behavior.

Discusses the types of tenants he wants more of and less of in his centers

Hard to scale in this sub-asset class. Purchase prices are typically below $50 million.

Jim is co-founder and principal of Paragon Commercial Group where he focuses on corporate strategy, acquisitions and capital structuring. Jim’s background in development, law and capital markets has powered Paragon’s steady growth and reputation as one of the preeminent retail development firms on the West Coast. 

Paragon Commercial Group was strategically formed by an institutional team of retail executives to capitalize on opportunistic investment into value-add acquisition and tenant-driven development opportunities.

Learn more about and connect with Jim Dillavou and Paragon Commercial Group:

• Connect with Jim on LinkedIn: https://www.linkedin.com/in/jim-dillavou-2118b35/

• Visit  Paragon Commercial Group’s website: https://www.paragoncommercialgroup.com/

• Follow Paragon on LinkedIn: https://www.linkedin.com/company/paragon-commercial-group/

In each episode of Real Talk: Real Estate Discussions, Andrew Kirsh interviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry.

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Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.

• Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/

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