First Real Estate - James Taylor, Town Square Real Estate
In this conversation, Chris Rappold interviews James Taylor, exploring his journey into real estate, the cultural differences ...
Chief Executive Officer & Director, Brixmor Property
Search every verified James Taylor interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. James Taylor, CEO of Brixmor Property Group, has described the open-air retail sector as benefiting from strong fundamentals, citing "no new supply" combined with "robust demand" from retailers who have recognized the role of physical stores in serving customers. He has characterized tenant disruption as an opportunity to "bring in better tenants at better rent," noting that struggling tenants do little for a shopping center and can be replaced with tenants that drive more traffic and higher rents. Taylor stated that Brixmor has been increasingly active on the acquisition and disposition front, with about $200 to $300 million under control and expectations for that figure to grow. Taylor has highlighted Brixmor's strategy of clustering investments in specific markets and reinvesting capital into existing properties. He cited examples such as the Shops at Palm Lakes in North Miami, where the company converted an older grocery store to a more relevant concept, replaced a dark Kmart with LA Fitness and dd's Discounts, and added outparcels, generating an incremental 8% return on $31 million invested. In Venice, Florida, he noted a $9 million investment at an incremental 11% return, creating over $8 million in additional value. Taylor has also emphasized the company's purpose of creating centers that serve as the heart of their communitiesholistic.
“And my whole purpose of Time Square is to create a little bit of a different culture with real estate that the client actually comes first because everybody will say the client comes first, but they really don't.”
“Now, I have a business. I need to put food on the table, but that doesn't mean I need to overcharge clients or I can't go that little extra mile to help somebody.”
“Or even if we're working together and it doesn't seem like the right fit, I'll let you out of the contract. Go work with somebody else. I'll help you find somebody else.”
“For a number of years we've had essentially no new supply in the open air retail space at the same time we've had pretty robust demand from retailers who’ve recognized the role the store serves in serving their customer.”
In this conversation, Chris Rappold interviews James Taylor, exploring his journey into real estate, the cultural differences ...
James Taylor, Jr., CEO of Brixmor Property Group Inc. (NYSE: BRX), sat down for a video interview during Nareit's REITworld: ...
Brixmor CEO Jim Taylor heads to Shops at Palm Lakes in North Miami to illustrate how we create value every day. An older grocery store was updated to their more relevant concept Fresco y Mas, driving traffic and sales in this Hispanic market. A dark Kmart was transformed into LA Fitness and dd's Discounts, plus 44K square feet of outparcels were added along the busy crossroads providing much needed quick-serve dining. As a result, the investments generated incremental returns, rate and occupancy while delivering on our purpose of creating centers that truly serve their communities. To see m…
Brixmor CEO Jim Taylor shares another example of Brixmor's value-add investment strategy, clustering investments in vibrant ...
Brixmor CEO Jim Taylor travels to San Clemente, California in South Orange County to show the value created through clustering ...
Schack Institute of Real Estate's Fall 2022 REIT Leadership Series featuring Jim Taylor, President & CEO at Brixmor Property ...
Full transcript and links at https://www.jamestaylor.me/discovering-the-worlds-first-physical-nft-store-in-dubai-with-james-taylor/ ...
Brixmor CEO Jim Taylor shares how we leveraged the expertise of our leasing and redevelopment team to create substantial ...
Brixmor CEO Jim Taylor travels to Southern California to the Village at Mira Mesa to introduce the team that set up years of growth ...
Travel to Southwest Florida with Brixmor CEO Jim Taylor to learn about our strategy to cluster investments in vibrant markets such ...
Sign in to search the full transcript archive, filter by topic, and access every quote from James Taylor.