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Tag Archives: Brooks Holstein

Still distressed centers to acquire – but process can be stressful

Conventional wisdom says opportunities to buy distressed retail centers have been erased by the slow but steady economic rebound of the nation and region. An initial inspection of the retail landscape may support that thinking. But Bob Flowers, state director of the Alabama-Mississippi division of the International Council of Shopping Centers, thinks otherwise. “We think things are coming back and ...

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Winds of change

Population shift, Hurricane Katrina, oil spill and recession affecting retail real estate on Gulf Coast Retail leasing on the Mississippi Gulf Coast has been changing and shifting as a result of several factors, including the area’s geography, growth patterns, Hurricane Katrina and the recession. Brooks Holstein, CEO of Comvest Properties, who’s had a long involvement with commercial real estate, says ...

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Coast lags behind in latest consumer confidence ratings

Survey done by Mississippi State’s Economy Watch student publication Like every other small business on Mississippi’s Gulf Coast, Comvest Properties in Biloxi has seen its bottom line affected by the summer’s oil spill. Comvest develops retail outlets in South Mississippi and Louisiana. Just as it was for the tourism industry, retail development slowed considerably in those areas as the fear ...

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