Retail Attraction Strategies

In this episode of the Capstone Conversation hosted by Jared Asch, retail broker John Sechser from TRI Commercial discusses strategies for attracting retail businesses to cities in the Greater East Bay. The conversation covers the impact of online shopping, trade tariffs, and COVID-19 on the retail market. Sechser emphasizes the importance of creating foot traffic through increased residential density and flexible zoning. He also highlights the potential of ethnic grocers and experiential businesses to revitalize blighted shopping centers. Recommendations for city planners and economic development directors include conducting void analyses and creating task forces to identify and attract suitable businesses.