News: Retail

WP Realty promotes Herb, Hess and Powley

WP Realty, a real estate investment, development, management and leasing company based in Bryn Mawr, Penn., has three promotions among key personnel effective immediately: *Timothy Herb has been promoted to vice president of development. Herb oversees the planning, coordination and completion of all development and redevelopment projects for properties in WP Realty's portfolio. *Jason Hess, Esq. has been promoted to vice president and associate general counsel. Hess is responsible for the negotiation and preparation of all leases in the company's portfolio and handles construction related documentation for the company's various development projects *Gordon Powley has been promoted to regional property controller. He oversees a team of property accountants and administrative staff to provide accounting and reporting services, cash flow projections, budgets, audit and tax return preparation for a portfolio of the properties.
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Columns and Thought Leadership
Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.