One of the biggest names in restaurant real estate is John Asadoorian of Asadoorian Retail Solutions. John is an expert in developing and implementing retail leasing strategies. A recognized authority on all things when it comes to the regional real estate market. I brought him on the first Industry Night of 2023 because we hear so much about the hospitality industry and it’s razor thin margins, staffing shortages and cost issues but the one thing that really isn’t discussed is the space — or the development of it. How does a massive development like the Wharf or Union Market District create its vision for retail/restaurants/etc and then make it happen. John makes these deals — but how is success ensured? AND with all the concerns out there — what will the market bear?
Quotes
I always look at businesses as what's their story, Who's the owner? Why are they doing this? And could that add value to this piece of real estate? - John Asadoorian
If you have a certain vision, and you believe in this, and you do the right thing with the right people, the success will come - John Asadoorian
Guests and Social Media Links
John Asadoorian
President, Asadoorian Retail Solutions
https://www.linkedin.com/in/john-asadoorian-3364956
http://www.asaretail.com
Featuring Nycci Nellis
https://www.instagram.com/nyccinellis
https://www.thelistareyouonit.com
Chapters
00:00 Introduction
02:06 The Holiday activities
05:41 Introducing John Asadoorian
09:37 Getting small town vibe
11:46 The restaurant frenzy
16:02 Selling outside concepts
20:31 Balancing between local and international business
27:19 Ensuring the success and making people enjoy
40:01 The recovery from pandemic
44:02 Looking forward for a good 2023
47:10 Conclusion
Produced by Heartcast Media
http://www.heartcastmedia.co
