Capstone Advisors

There is light at the end of the COVID tunnel. Over the last month we’ve had great news with the approval of multiple, highly effective vaccines. It will take a few months before they are fully distributed, but most experts expect the COVID virus to be generally behind us by next summer. While this has been an extremely difficult experience, the US economy is going to come out of this crisis in much better shape than we have come out of any other economic crisis in recent tim...es. The ‘roaring 20s’ followed the pandemic of 1918. Could 2021 and 2022 enjoy extremely strong spending from consumers with great pent up demand for goods, services, and new experiences? I wouldn’t bet against it. But we need to get from where we are now through a few tough months of winter before we come out to a more promising future. Now is the time to not only dig down and focus on the immediate challenges that many businesses face, but also the time to focus on new opportunities that are opening up quickly. Out of crisis comes opportunities. We want to make sure that Capstone Advisors is doing everything we can to help our tenant’s businesses thrive, whatever the difficulties or opportunities that come our way. We wish you a joyous New Year filled with love, peace, hope and fruitful opportunity.

It is instructive to see what office users are doing (leasing more office space) versus what they are discussing (working from home). https://www.globest.com//office-leasing-activity-rebounds/

"This year, the pandemic severely disrupted the retail market, but many of the impacts of that disruption won’t emerge until 2021. Next year, there will likely be an increased in retail bankruptcies and foreclosures across retail segments, particularly those that were already struggling prior to the pandemic." Read Alex Zikasis' predictions on continued disruption and recovery in 2021 here >> http://ow.ly/m9qh50CSuEr

"Though it runs contrary to the narrative of declining leasing activity in the wake of the coronavirus pandemic, lease renewal data shows that the square footage leased grew by 2.2% from pre-renewal sizes during the second and third quarters of 2020..."

From our screens to yours...wishing you a warm and merry holiday season!

Not surprisingly, the sugar high of working from home is wearing off.

When is the last time you were in a bank?

...most grocery shoppers still profess loyalty to retailers and online brands that have a physical store presence...Post-pandemic success will go to those retailers who can best bridge both online and offline shopping journeys. http://ow.ly/cvG450ByuXE

"More retailers are accommodating the shift of shopping from in-store to online by turning their physical locations into so-called dark storesminiature warehouse-like spaces where online orders can be packed for pickup or delivery. Retail experts say this is just the start of a major trend."

Today we honor the memory of loved ones lost and pay tribute to the resilience of the American spirit and the unity and hope that carried us through the darkest hours of 9/11. #alwaysremember

If you're tuning in to the San Diego Padres home games over the next week, keep an eye out for Capstone reps Ira Schwartz and David Lang celebrating their September birthdays in the stands! Tag us if you see us - first game starts in an hour! Let's play ball

For the first time in a generation, Americans [are] spending more money at the supermarket than at places where someone else made the food...People are moving on to more complex cooking, and we don’t see that going away."

Made official in 1894, Labor Day recognizes the contributions and achievements of American workers From all of us at Capstone Advisors, wishing you a happy holiday weekend!

This is an excellent piece by Propmodo on how symbiotic tenant-landlord relationships benefit both parties and the larger small business economy as a whole. It's been our operating model for decades. "In a way, the efforts that Zikakis has made to help his tenants survive in these challenging times for retail can be seen as an investment in local business. The hope is that these investments will result in a return of a less turnover, less vacancy, and a happier client base."

NST worked with local media including, San Diego Business Journal, to share how client Capstone Advisors is redefining the landlord tenant relationship by provi...ding unique and innovative approaches - including free business consulting through a partnership with Angel Cicerone and marketing services including SEO and social media support - to ensure tenants survive and succeed through the pandemic. To learn more about Capstone Advisors approach, visit: https://www.sdbj.com//marketing-firm-helps-center-tenants/ See more

They want us to succeed because then they succeed. If we fail, then they fail. Our business model is built on the idea that our tenants are our customers because without them, we won't be successful. Read more about our partnership with business consultant Angel Cicerone to help tenants through this crisis in this week's San Diego Business Journal feature >> http://ow.ly/PA8t50AQL6A

NST worked with local media including, The Daily Transcript, to announce Capstone Advisors’ new partnership with a retail and restaurant consultant, Angel Cicer...one. Capstone Advisors hired Cicerone to mentor its tenants using her business support program called PowerTrain. To learn more about this partnership and how it will benefit Capstone Advisors tenants read the full story: www.sdtranscript.com See more

"The current environment is challenging for retail tenants and landlords alike." As such, our approach is to work with our tenants to navigate through this pandemic. Capstone Advisors has retained Angel Cicerone to provide business mentorship to our tenants and help them build sustainable success now and beyond this crisis. Thank you to Nuffer, Smith, Tucker Public Relations and the The Daily Transcript for highlighting our efforts. We are proud to set a positive example fo...r the impact a landlord can have on tenants and their communities. Read More >> https://bit.ly/2BBP9sU