Shopping Centers and the Reign of Experiential Retail

This episode focuses on experiential retail with Devon Dykstra & Melanie Selleck of Matthews Real Estate Investment Services.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the industry. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Ashley Kobovitch sits down with Ms. Dykstra and Ms. Selleck to break down trends they’re seeing in multi-tenant retail, from shopping centers to experiential uses. Their wide-ranging conversation includes: Their wide-ranging conversation covers: The value of mentorship and a competitive spirit in entrepreneurshipWhat the comeback of retail looks like after the pandemicHow shopping centers evolved after the introduction of ecommerceNavigating bid-ask gaps and pricing uncertainties in the current retail marketAnd much more!If you enjoyed this episode, please subscribe to our newsletter to receive the very next one delivered straight to your inbox. For show notes, past guests, and more CRE content, please check out Crexi Insights.Ready to find your next CRE property? Visit Crexi and immediately browse hundreds of thousands of available commercial properties.Follow Crexi:https://www.crexi.com/​ https://www.crexi.com/instagram​ https://www.crexi.com/facebook​ https://www.crexi.com/twitter​ https://www.crexi.com/linkedin​ https://www.youtube.com/crexi About Devon Dykstra:Devon Dykstra is the Retail Director for Matthews Shopping Center Business in the Western US. Devon’s experience and exposure to the capital markets provides her deep perspective and understanding of institutional discipline and process. Devon leads in the disposition and acquisition of retail transactions. During her career, Devon has closed 37 capital markets transactions in excess of $1 billion for private and institutional owners. Prior to joining Matthews, Devon worked at Jones Lang LaSalle as a Capital Markets Associate focusing on debt and equity. She led the financial modeling, due diligence, and closing for transactions, as well as executed business decisions and capital structures for borrowers and lenders. In 2018 and 2019, she closed 30 complex debt and equity transactions. About Melanie Selleck:Melanie Selleck serves as an investment sales professional for Matthews Real Estate Investment Services specializing in the acquisition and disposition of Shopping Centers. She utilizes her family’s years of experience within the real estate industry to make her an invaluable aid in improving her clients’ investment positions. Prior to joining Matthews, Melanie worked as a marketing associate for two companies and with the Selleck Development Group, her family’s development company.