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S1E5: Retail is the ever-evolving product type, how is it currently adapting?

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As consumer spending continues to accelerate, the pressure is on the tenants to adapt their business model and meet the consumer demand in a constantly shifting environment.

In this episode you will hear from brokerage advisors, Mike Christensen and Bryan Vaughn, as they discuss how the pandemic has required retail locations to evolve, in real time, to accommodate the expectations of their users and customers. Along with how lease terms and clauses are changing to protect their businesses in the future if the market takes a downturn or is impacted by the next macro event.


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Jim Shipman

Managing Partner | Market Leader

Boise

Jim serves as the Managing Partner and Market Leader for the Colliers Idaho offices (Boise, Nampa, Twin Falls, Idaho Falls and Pocatello). In this role, he oversees all aspects of the brokerage and property management services, business development and departmental objectives. Jim is licensed as a Broker in Idaho, Utah, Wyoming, Montana and Oregon, providing clients access to multiple markets throughout the West. 

Prior to joining Colliers, Jim was an Executive Vice President & Partner at Phillips Edison & Company.  Based in Salt Lake City, Utah, Jim helped complete over $300M of ground-up development and acquisition of net-lease properties throughout the United States.  

Jim was CEO and President of HGM Medical Lasers based in Salt Lake City, Utah which manufactured and distributed lasers worldwide. He oversaw all aspects of the business, including procurement, manufacturing, engineering, regulatory compliance, sales & marketing and accounting.  He increased value of the company tenfold at the time of the sale and was honored with a nomination for the Ernst & Young Entrepreneur of the Year award for the turn-around of the business. 

Jim’s professional experience also includes 25 years as an attorney practicing almost exclusively in real estate services.  He practiced with Isaacson, Rosenbaum, Woods & Levy in Denver, Colorado and Parsons Behle & Latimer in Salt Lake City, Utah. 

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Mike Christensen

Retail Brokerage Services | Partner

Boise

Mike is a member of the Retail Services and Investment Groups. He has been involved in commercial real estate brokerage and development since 1998.  Mike specializes in Landlord and Tenant representation, development and investment.

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Bryan Vaughn

Retail and Investment Specialist

Boise

Bryan has leased multiple power centers, represented multiple retailers as a broker, acquired and disposed of investment grade commercial real estate assets, entitled and provided project management for developments in multiple states and maintained a preferred development relationship with Trader Joe’s, Inc. Prior to joining Colliers as a retail and investment specialist, Bryan was with Hawkins Companies, most recently as the company's development partner for over 7 years. 
 

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