Mr. John Fox
Principal, Fox Real Estate Advisory
Member of the Real Estate Council
Council Member Biography
John Fox is a 20-year real estate industry veteran with expertise in development, acquisition, and investment. Mr. Fox is Principal of Fox Real Estate Advisory. He has worked on hundreds of millions of dollars of development and acquisition projects, including Circle Centre Mall in Indianapolis, the Mall of America in Bloomington, Minnesota, and the Forum Shops at Caesars in Las Vegas. Mr. Fox is knowledgeable about market research, site selection, property marketing, financial analysis, and strategic planning. He helps clients to understand and minimize risk. He has conducted due diligence on retail, residential (both single and multi family), office, and hotel properties. Mr. Fox has developed a proprietary method for the evaluation of shopping center risk and is an expert at grading regional malls and assessing their performance characteristics. Prior to founding Fox Real Estate Advisory in March of 2009, he was Vice President of Research for Leasing and Development at Kite Realty Group Trust and Real Estate Research Manager for Simon Property Group. (This is me - Update Profile)
Employment History
- 2009 - Unspecified
- Principal, Fox Real Estate Advisory
- 2006 - 2009
- Vice President of Research, Kite Realty Group Trust
- 1987 - 2006
- Manager of Area Research, SIMON PROPERTY GROUP, L.P.
- 1984 - 1987
- Research Analyst, National Retail Hardware Association
GLG NewsSM Analyses by John Fox(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Mall Landlords and the Aspirations of Forever 21
September 4, 2009
Forever 21 Announces Six New Stores at GGP Malls; Retailer Continues to Backfill Vacant Department Stores | www.costar.com
Forever 21 is opening in six quality General Growth Properties regional malls in 2010. The total size of these units is nearly 600,000 square feet, averaging almost 100,000 sq. ft. per unit. This is a dramatic shift upwards for Forever 21 in terms of their store sizes. Forever 21 has historically operated as an in-line tenant in regional malls with units sized in the 8,000-12,000 sq. ft. range. What is the impact on Forever 21, other mall retailers and landlords?
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July 21, 2009
U.S. Retail Casualties Predicted to Rise | www.eprop.co.za
The magnitude of retail casualties has yet to fully play out in the current cycle. Unemployment has been increasing so rapidly in the last twelve months that retail vacancy and the associated negative impacts have yet to “catch up” with the unemployment rate. Shopping center risk can be identified by the evaluation of key operational and performance metrics. When thresholds are exceeded in these areas the potential for shopping center decline or failure increases dramatically.
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Gottschalks: So Long, Farewell. Alvederzane, Goodbye
March 31, 2009
Department store chain Gottschalks to liquidate | online.wsj.com
The 58-store chain Gottschalks is the first domino to fall in the department store industry as these chains struggle for survival in a weakened economy. Gottschalk's is the first of many more mall anchor closings that will impact regional malls and Mall REITs throughout the country.
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Retail Vacancy Rates Set To Soar Based On Unemployment Forecasts
March 5, 2009
Goldman Sachs Sees 10% Unemployment in 2010 | www.usnews.com
Rising unemployment has serious implications for retail property owners and investors. The U.S. retail vacancy rate has been closely associated with the unemployment rate for the last two decades. With Goldman Sachs and other leading economists calling for 10% unemployment in late 2010, retail vacancy rates are poised to soar to unprecedented levels.
Leading institutions connect with John Fox through GLG
GLG Study Groups with John Fox(?)
| Study Group Name | No. Members |
|---|---|
| Retail Brokerage Experts (Florida) | 83 |