Ever wondered how a college grad ends up landing a career-changing interview at a baccarat table in Vegas? That’s just the beginning of Andy Misiaveg’s unique story. In this episode of SF Commercial Property Conversations with Bruce Bean, Andy dives into his 25-year journey with The Shopping Center Group, his deep expertise in the Carolinas market, and the state of retail leasing today.
You’ll hear how retail leasing is not only surviving but thriving, and why concepts like Medtail, Topgolf, and experiential entertainment are reshaping retail centers. Andy also unpacks how rents are being driven by low vacancy, high construction costs, and evolving tenant needs. He shares how the leasing landscape is adjusting to economic shifts, lending constraints, and post-COVID entrepreneurial waves.
Key Takeaways:
Andy’s unconventional Vegas job interview story that launched his career.
Why the Carolinas are a hotspot for regional retail expansion.
Growing sectors like Medtail, entertainment, and emerging restaurant brands.
The real costs behind retail space and why rents are still rising.
Trends in lease structures, percentage rents, and tenant guarantees.
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