Kenneth Leonard
Principal, Leonard Associates
Member of the Real Estate Council
Council Member Biography
Kenneth Leonard is the Principal of Leonard Associates. Mr. Leonard is a Consultant specializing in all matters relating to retailing and shopping center real estate. He has over 45 years of experience in serving as an executive of and advisor to department store companies, mall developers, national retailers, shopping center REITs, lenders, and institutional investors. Mr. Leonard has unique and extensive experience as a senior executive of both Fortune 100 anchor and inline tenants (National Tenants) and leading shopping center REITs (National Landlords). He also serves as an Expert Witness in high profile litigation matters throughout the country and regularly performs due diligence services for investors and buyers of retail related properties. Mr. Leonard's expertise includes economic and market valuation services, feasibility studies, and advisory services for retailers, investors, attorneys, REITs, and developers. (This is me - Update Profile)
Employment History
- 1988 - present
- Principal, Leonard Associates
- 1986 - 1988
- VP - Real Estate, MONTGOMERY WARD ENTERPRISES INC.
- 1984 - 1986
- VP - Development, THE TAUBMAN COMPANY LIMITED PARTNERSHIP
- 1982 - 1984
- VP - Real Estate & Construction, COLE NATIONAL CORPORATION
- 1970 - 1982
- VP - Development, MACY'S, INC.
- 1960 - 1970
- Regional Director, Real Estate, Walgreen
GLG NewsSM Analyses by Kenneth Leonard(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Is This Mr. Lampert's 8th or 9th Life?
November 19, 2009
Kenneth Leonard, Principal, Leonard Associates
Sears Narrows Loss, Beats Estimates but Stock Falls | www.chicagobusiness.com
A flurry of articles have come out in recent days seemingly to diffuse the continuing failures of Mr. Lampert's prize holding. This article deals with the "surprise" caused by the losses being slightly less than expected. The others deal with the various new ventures Mr. Lampert has announced in his...
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So The Sky Isn't Falling Quite Yet
October 15, 2009
Kenneth Leonard, Principal, Leonard Associates
Store Closings Likely To Peak in First Half of 2010 | www.printthis.clickability.com
Year-to-date , the U.S. retail industry saw 3.408 store closings, according to the ICSC. The number of closings is far short of the 10,000 to 12,000 closings many experts projected in late 2008. However this article indicates that 2010 may yet turn out to be even worse.
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If Borders Can't Make It Here, They Can't Make It Anywhere
October 14, 2009
Kenneth Leonard, Principal, Leonard Associates
Borders Renews Lease At 830 North Michigan Ave. | www.chicagorealestatedaily.com
Borders flagship Chicago store has long been rumored to be in trouble and not likely to exercise its' renewal option. It now has renewed but only for one year.
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The Jury Is Still Out On General Growth
October 8, 2009
Kenneth Leonard, Principal, Leonard Associates
General Growth's Cap RatesEstimates Are Getting Interesting | seekingalpha.com
As a result of a Goldman Sachs presentation in late September which featured a close comparison to Simon Properties implies cap rate of 7%, the author is stronglyugly suggesting that GGP is starting to look like a bargain.
Leading institutions connect with Kenneth Leonard through GLG
GLG Study Groups with Kenneth Leonard(?)
| Study Group Name | No. Members |
|---|---|
| Retail Brokerage Experts (Florida) | 83 |
| Sears and Kmart Real Estate Experts | 59 |
| Restaurant Brokerage Experts: Commercial Real Estate Brokers (US) | 55 |
| Bally Total Fitness Experts | 43 |
GLG Live Meetings with Kenneth Leonard(?)
Recent Seminars
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September 21, 2006 | Chicago
GLGi: Valuing Retail Real Estate Portfolios -
May 25, 2006 | New York
GLGi: Valuing Retail Real Estate Portfolios -
May 24, 2006 | Boston
GLGi: Valuing Retail Real Estate Portfolios -
April 27, 2006 | San Francisco
GLGi: Valuing Retail Real Estate Portfolios