Downsized Footprints May Help Retailers Adapt to Rapidly Changing Marketplace
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Downsized Footprints May Help Retailers Adapt to Rapidly Changing Marketplace
By Harold Bordwin, Principal & Doug Greenspan, Manager, Keen-Summit Capital Partners LLC
In 1Q 2017 and into 2Q 2017, news of retail store closures and bankruptcy filings had become commonplace, with no sign of abating. Shifting consumer shopping habits and competition from fast-fashion retailers and e-commerce have led to a more competitive marketplace and, in general, decreasing...
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Douglas Greenspan is a manager with Keen-Summit Capital Partners LLC and provides transaction advisory services, as well as marketing and disposition of real estate for healthy and distressed companies. He also focuses on lease-related services, including negotiation, modification and termination of leases, real estate financing, and sale/leaseback services. Greenspan holds an MBA from George Washington University and a bachelor’s degree from the University of Colorado.
Harold Bordwin is a principal and managing director of Keen-Summit Capital Partners LLC and is responsible for all aspects of Keen’s advisory and transactional business. With nearly 30 years of real estate and corporate finance experience, he develops and implements strategic real estate and corporate finance plans for his clients. Bordwin was a recipient of the 2016 Transaction of the Year Award for a Mid-Size Company by TMA Global.
