News/Press

New Construction is Unlikely

Retailers moved into more vacant space in metro Detroit last year, but there’s enough left with recent and impending closures by Borders, Sears and Kmart to stall new shopping center construction for awhile.

Huntington Bank to open up branches in Meijer stores

Grand Rapids-based Meijer and Columbus, Ohio-based Huntington Bank on Wednesday inked an in-store banking agreement that will create 500 jobs by adding branch locations in Meijer stores throughout Michigan.

1st Qtr News 2011

 

Stokas Bieri 1st Quarter News

 

X Team and Stokas Bieri in Retail Traffic

 

Jim Bieri on Wholefoods Detroit, Crains Detroit Business

 

Jim Bieri on Forbes CityLoft Retail Shop on Detroit's Wooodward Ave

 

Jim Bieri on UPI.com Books-A-Million Borders bid

 

‘Bittersweet’ end for Detroit's Brewster housing project

The four high-rise gutted and abandoned remnants of the Frederick Douglass public housing complex are one of the most notorious examples standing symbolizing the city's decline. New housing and commercial redevelopment are planned at the now decrepit — but geographically desirable — location.

Stokas Bieri Represents Center Management in Oxford Deal

X Team, an international alliance of retail real estate advisers in more than 45 major markets throughout the U.S., Canada and Europe, announced that Detroit-based partner Stokas Bieri Real Estate represented Tom Guastello from Center Management in the purchase of The Promenade at Waterside in Oxford. X Team International Partner Jim Stokas made the announcement.

Kees Janeway was quoted in the Detroit News

Detroit retailers push to woo shoppers from mall

Zoup!

is under construction at Providence Town Center in Collegeville, Pennsylvania

Small Plates

Bieri Company has been assigned by Small Plates Restaurant Group to secure investment capital to expand the concept. Please contact Kees Janeway, 313.962.2800 For further information.

Helzberg Diamonds renews lease

at Bellevue Square

Stokas Bieri 2nd Quarter News

 

Fire & Ice engages Bieri Company

to help find a purchaser/investor for the business. Please contact Jim Bieri for more info.

Crains: Downtown development won’t die with light rail

 

Crains: Downtown development won’t die with light rail

An end to light rail in Detroit also ends the idea of transit-oriented development but not development as a whole, real estate experts say.

Department Store Sector Split Between Winners and Losers

The department store sector is remaking itself for the new era of retailing, continuing the resurgence it experienced over the past two years with the return of the mall.

Retail Futures

Six leaders in the area of U.S. commercial and retail real estate development discuss the retail market in the wake of the current recession—including what kinds of retail are likely to succeed, how cities and suburbs are faring, and how demographic shifts affect retail business—and offer insights into how retailers can adapt in the new economy, especially given the rise of online shopping.

Demand strains supply of downtown residential space

 

Just Relax, Then Buy More and Pay More For It

Close your eyes, relax, breathe deep—and swipe your credit card. Retailers have long known that less-stressed shoppers are likely to browse longer, but now there's evidence that they'll also be more receptive to higher prices. A recent study in the Journal of Marketing Research found that relaxed shoppers were willing to pay up to 15% more for goods than less-relaxed ones.

Yankee Candle has signed

a new lease with Kimco for Northpark Center in Huber Heights, Ohio.

Dean & Deluca engages Bieri Company

to find licensees on a national basis. Please contact Jim Bieri for more info.

National Client is in search of

restaurant pad sites.

'Exclusive' Deals: Worth Your Money?

More stores are offering limited editions and exclusive items, but they may not be great values.

Forcasting the Best Deals

James C. Bieri, who heads a Detroit-based real estate firm that leases to retailers, has determined there are far better times than the Friday after Thanksgiving to make most apparel purchases.

06/09 -- Wall Street Journal: Retailers Head for Exits in Detroit

Shopping Becomes a Challenge as Auto-Industry Collapse Adds to City’s Woes.

04/08 -- Detroit Free Press: To Thrive, Downtown Needs Street-Level Retail

Retail is integral to a vibrant urban experience The central cities that have sustained themselves globally are those with robust foot traffic, where people shop form door to door; and their human instincts are both invigorated and satisfied...

Stokas Bieri is leasing the former Kmart

space on 100 E. Maple, in Troy, Michigan. For more information, please contact Stokas Bieri at 313-962-2800

Contract Signed with New National Client

Stokas Bieri has signed a new national client – Invicta Watches. We will be their exclusive national real estate consultants.

01/09 -- USA Today: Retail Sales Drop Expected to Last Through June

Retail sales will drop even further through June but will improve by year’s end as consumers release pent up shopping demand, the chief economist for the International Council of Shopping Center said Thursday...

10 Things Stores Won't Say About Black Friday

Read this before heading out on the toughest shopping day of the year.

11/09 CBL hires Bieri Company

To lease "Alternative Uses", for several of their Michigan Malls.