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Study Group: Sears and Kmart Real Estate Experts

Council Members in this Study Group: 59

This study group may include experts knowledgeable on topics in real estate including: commercial property, residential property, corporate real estate, construction, design, contracting, real estate investment, real estate investment trusts, and residential and commercial real estate brokerages, among others.

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Leading Experts in this Study Group

Jason Kra, Owner, Total Sports ResourcesJason Kra

Owner
Total Sports Resources
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Jason Kra is the President and Owner of Foreign Resources Corporation (FRC), FRC Sportswear & Total Sports Resources, an apparel manufacturer and a supplier to virtually every major specialty apparel retailer, department stores, and discounters, where he has worked since January 2000. FRC is a producer...

Marc Balmuth

Principal
Marc Balmuth LLC
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Marc Balmuth is an independent consultant to the retail industry. He most recently served as the CEO of Bobs Stores from 1997-1999. Prior, he was President of Caldor, a $2.8B upscale discount store based in the Northeast. He served in this capacity from 1987-1996 and led the company as a division of...

Nancy Marino, Owner, Nancy Marino ConsultingNancy Marino

Owner
Nancy Marino Consulting
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Nancy Marino is the Owner of Nancy Marino Consulting, providing services to retailers and manufacturers. Ms. Marino served as a Vice President of Global Sourcing with Hanesbrands from 2004 until 2007. She was responsible for global operations and worldwide offices located in Asia, Indian subcontinent,...

Harvey Gutman

President and Owner
Brookside Advisors LLC
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Harvey Gutman is the President of Brookside Advisors, a company focusing on retail and real estate consultancy serving retail chains, wholesalers, private equity firms, and real estate development companies. Mr. Gutman is knowledgeable on all aspects regarding the supermarket and drug store sectors,...

Howie Gelbtuch, Principal, Greenwich Realty Advisors Writing CorpHowie Gelbtuch

Principal
Greenwich Realty Advisors Writing Corp
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Howie Gelbtuch is currently the Principal of Greenwich Realty Advisors Incorporated, a Real Estate valuation and appraisal firm. Mr. Gelbtuch has been involved in the real estate industry for 30 years, with experience in a variety of different fields. At Greenwich, Mr. Gelbtuch has performed real estate...

Kenneth Leonard, Principal, Leonard AssociatesKenneth Leonard

Principal
Leonard Associates
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

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...

Bruce Zaret

President
Zaret International
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Bruce Zaret is the President/Owner of Zaret International, a home furnishings importer, since April 2008. Mr. Zaret sells imported home furnishings from China to Wal-Mart, J.C Penney, Bed Bath & Beyond, and Burlington Coat Factory, Linens N Things, and Target. Prior to this, Mr. Zaret was the Vice...

Michael Miller, CSA, Independent Consultant, Independent Consultant- Michael MillerMichael Miller, CSA

FormerIndependent Consultant
Independent Consultant- Michael Miller
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Michael Miller is an Independent Consultant specializing in retail real estate. Previously, he was the Senior Vice President of Real Estate for Toys R Us, from 1977-1999 and remained under contract as a consultant to Toys R Us until 2004. He was responsible for the real estate, legal, architectural,...

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GLG NewsSM Analyses by this Study Group's Leading Experts (?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

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...

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.

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.

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.

A Blight On the Taubman REIT's Glamorous Image

September 30, 2009

Kenneth Leonard, Principal, Leonard Associates

Taubman May Turn Over Atlantic City Mall To Lender | blog.retailtrafficmag.com

Taubman Co. is generally considered to be among the "best and brightest" of Mall REITS. If they are acknowledging serious problems with some of their properties, what must this portend for other REITs that have been assembled with far less dominant locations and/or retailers?

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Members in this Study Group include these company types:

  • Brokerage/Agency
  • Consulting Firm
  • Real Estate Operating Company
  • Apparel Manufacturer
  • Retail Strategy / Operations Consultant
  • Operative Builder/Developer
  • Appraisal

Members in this Study Group often have these job titles:

  • Owner
  • Principal
  • Chief Executive Officer
  • President
  • Director

GLG Live Meetings with this Study Group's Leading Experts (?)

Upcoming Seminars

Leading Experts in Sears and Kmart Real Estate Experts Study Group have not participated in any upcoming seminars.

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GLG Webcasts

Leading Experts in Sears and Kmart Real Estate Experts have not participated in any GLG webcasts.

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