Sign up to save your podcasts
Or
Share #393 - Alex Nyhan - CEO @ First Washington Realty - $9B Portfolio: How Neighborhood Centers Became the Most Resilient Asset in Real Estate
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
#393 - Alex Nyhan - CEO @ First Washington Realty - $9B Portfolio: How Neighborhood Centers Became the Most Resilient Asset in Real Estate
Alex Nyhan is the CEO of First Washington Realty and an owner in FWR's entities. FWR owns interests in and manages approximately $9 billion of top-quality grocery-anchored shopping centers across the United States.
Alex is one of the sharpest minds in real estate and this episode is proof of that. I’ve had the good fortune of learning from Alex for many years and is someone who always brings good insight.
We discuss:
- Lessons from structuring complicated public-private development projects
- The investment philosophy behind First Washington’s 22 million square feet of neighborhood retail
- Why grocery-anchored shopping centers have proven so resilient
- How demographics, education levels, and supply constraints shape long-term value
- The role of relationships and human connection in both tenant selection and consumer experience
Links:
First Washington Realty - https://www.firstwash.com/
Alex on LinkedIn - http://linkedin.com/in/alex-nyhan-b2b4914/
Topics:
(00:00:00) - Intro
(00:04:02) - Alex’s background and early career
(00:15:19) - Alex’s DC Convention Center Hotel project
(00:23:32) - First Washington Realty overview
(00:25:25) - Investment strategy and deal selection
(00:29:21) - Focus on grocery-anchored shopping centers
(00:31:05) - Case study: Kansas City suburbs
(00:32:04) - Navigating supply constraints
(00:32:34) - The resilience of retail in the e-commerce era
(00:33:20) - The impact of e-commerce on malls and neighborhood centers
(00:35:11) - The competitive landscape of retail investments
(00:39:05) - Risk management in retail deals during COVID
(00:41:38) - The value of tenant relationships in retail
(00:44:49) - Balancing risk with mom and pop tenants
(00:50:14) - The importance of education and demographics in retail
(00:52:51) - Government intervention and retail development
(00:57:04) - Consumer spending trends and market dynamics
(01:02:10) - The role of human interaction in retail success
(01:04:21) - Concluding thoughts on retail investment strategies
Support our Sponsors
Ramp: https://ramp.com/fort
Collateral Partners: https://collateral.com/fort
Chris on Social Media:
Chris on X: https://x.com/fortworthchris
Instagram: https://www.instagram.com/thefortpodcast
LinkedIn: https://bit.ly/45gIkFd
Watch POWERS on YouTube: https://bit.ly/3oynxNX
Visit our website: https://www.powerspod.com/
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO
POWERS is produced by https://www.johnnypodcasts.com/
View all episodes
By Chris Powers
4.9
492492 ratings
Alex Nyhan is the CEO of First Washington Realty and an owner in FWR's entities. FWR owns interests in and manages approximately $9 billion of top-quality grocery-anchored shopping centers across the United States.
Alex is one of the sharpest minds in real estate and this episode is proof of that. I’ve had the good fortune of learning from Alex for many years and is someone who always brings good insight.
We discuss:
- Lessons from structuring complicated public-private development projects
- The investment philosophy behind First Washington’s 22 million square feet of neighborhood retail
- Why grocery-anchored shopping centers have proven so resilient
- How demographics, education levels, and supply constraints shape long-term value
- The role of relationships and human connection in both tenant selection and consumer experience
Links:
First Washington Realty - https://www.firstwash.com/
Alex on LinkedIn - http://linkedin.com/in/alex-nyhan-b2b4914/
Topics:
(00:00:00) - Intro
(00:04:02) - Alex’s background and early career
(00:15:19) - Alex’s DC Convention Center Hotel project
(00:23:32) - First Washington Realty overview
(00:25:25) - Investment strategy and deal selection
(00:29:21) - Focus on grocery-anchored shopping centers
(00:31:05) - Case study: Kansas City suburbs
(00:32:04) - Navigating supply constraints
(00:32:34) - The resilience of retail in the e-commerce era
(00:33:20) - The impact of e-commerce on malls and neighborhood centers
(00:35:11) - The competitive landscape of retail investments
(00:39:05) - Risk management in retail deals during COVID
(00:41:38) - The value of tenant relationships in retail
(00:44:49) - Balancing risk with mom and pop tenants
(00:50:14) - The importance of education and demographics in retail
(00:52:51) - Government intervention and retail development
(00:57:04) - Consumer spending trends and market dynamics
(01:02:10) - The role of human interaction in retail success
(01:04:21) - Concluding thoughts on retail investment strategies
Support our Sponsors
Ramp: https://ramp.com/fort
Collateral Partners: https://collateral.com/fort
Chris on Social Media:
Chris on X: https://x.com/fortworthchris
Instagram: https://www.instagram.com/thefortpodcast
LinkedIn: https://bit.ly/45gIkFd
Watch POWERS on YouTube: https://bit.ly/3oynxNX
Visit our website: https://www.powerspod.com/
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO
POWERS is produced by https://www.johnnypodcasts.com/
More shows like POWERS
View all
The Best Ever CRE Show
992 Listeners
America‘s Commercial Real Estate Show
142 Listeners
Founders
2,137 Listeners
Capital Allocators – Inside the Institutional Investment Industry
798 Listeners
My First Million
2,639 Listeners
All-In with Chamath, Jason, Sacks & Friedberg
9,957 Listeners
The Weekly Take from CBRE
159 Listeners
The TreppWire Podcast: A Commercial Real Estate Show
212 Listeners
The Memo by Howard Marks
445 Listeners
Acquisitions Anonymous - #1 for business buying, selling and operating
247 Listeners
The Walker Webcast
151 Listeners
Business Breakdowns
353 Listeners
Moneywise
652 Listeners
The Rent Roll with Jay Parsons
41 Listeners
The Promote Podcast
47 Listeners