Reid Lanigan
@RetailReid
Followers
1,542
Following
820
Media
309
Statuses
1,289
Helping People & Businesses Buy, Sell, & Lease Retail Real Estate • Memphis Grizzlies Enthusiast • Second Grade Spelling Bee Champion • ⛳️🍸🏦🥍🕵️♂️
Tennessee, USA
Joined April 2023
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Hey Twitter
I’m a 24 y/o broker focusing on Retail Leasing & Investment Sales in TN and throughout the Southeast.
I’m here to learn, make friends, and share my sometimes unrealistic opinions about the Memphis Grizzlies. But mostly to learn.
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Cold Brew Guy all year long
Anyone else?
Switching the temperature of your morning coffee based on the season… could NOT be me
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YOUR BOY GOT THE NOD FOR A WINDOW OFFICE
PRODUCTIVITY WILL SKYROCKET WITH THE EXTRA VITAMIN D
Hanging stuff later please ignore my bare walls
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Tracking down ownership for properties has become a favorite activity of mine (Never thought I’d say that)
If you can’t find the registered agent for an LLC entity…
Get on the county assessor ➡️ Find the owner’s mailing address ➡️ Look it up on Google Maps ➡️ Call the office
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Being anonymous lasted about 12 days.
Originally, I was nervous that I’d get in trouble tweeting about my clients/listings/etc.
But, the whole purpose of me doing this was to connect with people, so here I am!
Told y’all I had a little mustache 👨🏻
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CCIM 102 test passed ✅
Halfway there!
Maybe I could just put “CC” behind my name for now?
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Just fired myself from a headache listing for the first time in my career.
Invigorating!
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3rd coffee (without a Venmo request 😤) for Senior Broker this week
Splits gotta be going up soon, no?
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License Renewal Time ‼️
Nothing prepares me more for my career in COMMERCIAL Real Estate like memorizing all the ~important~ aspects of RESIDENTIAL Real Estate
The one question I’ve seen about commercial, I get wrong 😔
WHAT DO YOU MEAN IT’S NOT RETAIL?
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Was about to start a golf tourney ~2 weeks ago
@CREXinc
notification that someone downloaded the flyer for one of my listings
Had a few minutes, so called the number and chatted with the guy
Turns out, he is the EVP & Real Estate Manager for an international company that
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Last week, I walked into a restaurant next door to where I was about to have dinner because we had to wait ~5 more minutes for our reservation
Kindly asked for the owner’s contact, the hostess gave it to me, and I left a voicemail the next day
A week later, here we are
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Last year, I spent way too much money buying NFL picks from one of those accounts
Ended up sharing them with a bunch of my friends and we all were net positive on the season (And I made my money back on buying the picks to begin with!)
Had the idea to do the same this year for
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I booked all of the hotel rooms for ICSC Vegas
If you’re interested in sub booking, please reach out
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Team outing at the newly opened TopGolf
Please answer this question
Does it make you a major nerd to bring your own bag to TopGolf? (No matter how good or how seriously you take golf)
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Nothing grittier than soloing a rotisserie chicken for dinner
Bonus question: what is the ONE side dish acceptable here?
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Only my 3rd Vegas
@ICSC
in my young career
I have seen a lot of seasoned vets talking about how this year just felt “Different”
I completely agree… much better experience than the previous two years
Energy was palpable
The X Team Retail Advisors booth was fully booked at
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I’ve been quiet on here but rest assured it’s because I’ve got 9 LEASES AT THE FINISH LINE
ONE DONE YESTERDAY
LET’S GO 9/9 THE NEXT SEVERAL DAYS
Unfortunately, nobody pays me to tweet in all caps or be a keyboard warrior on here (yet)
I’ll keep slinging vape shops, on site
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Sent out 5 LOI’s this morning
2 of them I think will get done
2 of them could go either way
1 of them will absolutely not go to lease
LOI’s are weird because they’re non binding but they also make things seem pretty real for an unrepresented tenant
I’ve found that taking
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Absolutely flattered… you can have the 1,600 SF for free!
BROKER TIP: If you want a heavy rent discount for your tenant, compliment the listing brokers’ facial hair
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Found these no-show socks in my drawer. 98% sure they belong to my female counterpart after seeing the pink stripe
Regardless, I’m giving them a test run but have some questions that need to be answered
1. Can guys wear these?
2. Will said “guy” be made fun of or admired for
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Best friend’s bachelor trip tomorrow to Scottsdale
Playing We Ko Pa and Phoenix Country Club
What are some other activities / restaurants / bars that are a must?
@tawillionaire
tagging you because you seem like a guy who’d know 🤝
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Lil’ networking on the golf course this afternoon
It’s 90 degrees and humid as hell
I was gonna be responsible and stick with waters today
Then I thought about
@KCmolzer
and knew he’d be upset to hear that
Adult waters it is!
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First big ICSC meeting win for me!
National chain reached out this morning asking to help them find space in our market after I set a meeting with him and followed up probably more than I should have
I live on the line of annoying vs. persistent 🕵️♂️
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Whenever I get these “We’ll close in 10 days all cash at 50% of list price” emails I like to have a little fun
1. ALWAYS ask them to please submit LOI
2. Have some fun with your signature. Today I am Music Director. Some other favorites include
-VP of International Affairs
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Lunch with a commercial banker today
If I buy his lunch, he’s gotta give me 3.5% rates, right?
We’ll see how this goes
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Hit 1,000 Followers. I guess it’s time for one of those “About me” posts
-I do Retail Real Estate. AKA I help people and businesses buy, sell, or lease buildings that normal people find themselves in at least once a day
-It is not my entire personality
-Played lacrosse at U of
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Why are Green Peppers significantly less expensive than their Red, Yellow and Orange counterparts?
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I can already hear the murmurs…
“Is that psycho letting his pups sweat all day in those dress shoes? Socks are a MUST, don’t be gross”
@BOMBAS
has my back
3 days in and LOVING the no shows
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CCIM 103/Negotiations wrapped up in one quote
“People make decisions. Not spreadsheets. Figure out the stakeholders and their interests and negotiate in a way that addresses those interests”
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$25 to first person who guesses the fish here… never had it before 🧐
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FYI
ICSC Vegas Advance Registration ends tonight at midnight
$850 today or $1,450 later on 😓
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Got a call on a shopping center listing today… from an Amusement Park.
Wanted to pay a hefty fee for a 3 day rental to set up rides, games, etc in the parking lot.
Another first in my career!
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New office intern is way taller than me AND has a mustache…
Can feel my job slipping through my fingers
Nice knowing y’all
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I’ve never been more excited to be on a plane in my life
Sat down and Sam pops out! What a day!
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Off to Orlando for the X-Team Retail Advisors Southeastern conference!
Not a better way to start the day.
🌞
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Year End Reviews really gas me up
Feel like I could run through a wall right now
Call me “Senior Associate” now (I don’t really know what that means but you’ve gotta respect my title)
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Been days since I posted on here, but I just saw
@KCmolzer
talking about how he had the greatest stache on X…
My lip blanket would like to have a word with you
Ash Wednesday Edition 🤷♂️🤧
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Guy walking around the airport at 5:04 AM sipping a Budweiser (heavy) bottle
The economy is healing 🫶
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At what age will I stop texting my mother that my flight has arrived safely to my destination?
Never.
Not even sure she knew I was going anywhere
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Been out of pocket getting my best friend married last weekend in OKC
💥Key Takeaways from being in my first wedding 💥
-Don’t schedule your flight for 5 AM on Sunday morning
-If you do, just stay up the whole night…. You’ll pay the piper about noon on Sunday, but at least
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Just booked Resorts World for ICSC Vegas
Never been there. Honestly never even heard of the place until ~3 weeks ago
Any friends staying there / what’s the word on Resorts World?
Think I’m at The Conrad..? Apparently there are 3 hotels to choose from?
Completely in the dark
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#5
is my favorite on this list
Early on in my career, I was having drinks with my mentor and one of his good friends
During the hour long cocktail session, 6 different people came up to mentor’s friend and said hello
And every time, friend would introduce mentor and I
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🐴 700%+ IRR 🐎
I’m typically a bad sports bettor so have no issues gassing myself up here
I picked Mystik Dan yesterday
$20 Win, Place, Show (Weak, wish I ponied up and hammered him as winner only)
Initial Investment: $60.00
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@NNNIncome
I thoroughly enjoy my solo rides
Had to be all natural this morning until Starbucks opened for my nitro… unfortunately no Dutch Bros (yet) in this neck of the woods
Made some notes to call a few ones I drove by 👀
Windshield Time ➡️ Deals
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@zachmolzer
Happens to me all the time!
Most people are nice. Others talk to me like I’m a toddler putting his hand near an open oven.
I don’t let it bother me, everyone’s gotta start somewhere 🤷♂️
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Likely taking the rest of the year off to celebrate this one
Been a long time coming… I’ve finally made it ‼️
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🎶 Back to school. Back to school, to prove to Dad that I'm not a fool
I got my lunch packed up, my boots tied tight, I hope I don't get in a fight
Ohhhh, back to school 🎶
Hoping CCIM 103 is as interesting as 102 🫡
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Gotta love when all 4 brokers on an OM don’t answer the phone 😪
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Literally the coolest package I’ve ever received
Cannot thank you enough ‼️
@amyvanwinkle
Everyone in my office is so confused as to how/why I get cool stuff sent to me (A 💩 ton of Dude Wipes, Vintage Budweiser, hats/shirts, etc…)
One word…
INTERNETFRIENDS
🫶
Lemme send
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Just listened to a guy’s voicemail
“Hello, this is Rodger. It is Thursday, July 6th, 2023, please leave me a message”
I just can’t believe the first thing someone does in the morning is update their voicemail. Not sure if I should be impressed or concerned 🥸
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Northwest Arkansas kept me busy the last several days with impromptu coffee meetings, Brooks & Dunn, and some family graduations
Ended up staying last night which means I hit the road at a cool 2:55 this morning to make it to the office before 8 (or right at it)
Vegas week. Get
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Guys, it finally happened
Looking at a fully executed lease for a vape shop!
~I just picked up this listing when the new owner bought it a few months ago. Renewed Domino’s & Beach Body Tans for him and filled his last vacancy with a multi-location vape store. He was fine with
3
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Sent a handwritten note last week to the owner of a (probably soon to be vacant) restaurant building
Great real estate and have tons of prospects who’d jump all over it
I almost shit myself when I got this text yesterday… only my ✌️response to a mailer in my career
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Yesterday, I received a call from a Chicago number I didn’t have
I answered it (🤯)
“Well you answered the phone, it’s your lucky day!”
Rep agreement signed this morning for a user needing ~5,000 SF in one of the hottest suburbs in our market
Funny how that works
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The fact that NFL teams still run fake punts blows my mind
Maybe put your offensive players on the field and run a play?
I’m available if anyone is looking to hire an NFL coach
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Just about everything that could’ve gone wrong at work today did. And then some
BUT
I got to meet my nephew for the first time. He’s only been here for about 72 hours
Lil dude probably doesn’t give a shit about who leases 2,400 SF 🤣
Lessons from a newborn
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Wednesday Check In
What’s on the docket today?
Need to hear from
@KCmolzer
and
@landonberquist
first…
I’ll start
I’ve left 14 voicemails today because nobody answers their MF phone anymore
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That’s how you email blast
Docusigning hundreds of LOI’s as we speak. This is the day I retire
1
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4 Month T Bill or 4 Month Spirit Halloween lease?
I know what I’m taking…
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@shawngorham
Curious, does that mean the agent just shops it around without actually listing it on the MLS?
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Fellas? Any advice?
These pups get too sweaty when I don’t wear socks
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Signed renewal comes through at 3:30 on a Friday, cmon now!!!
Think I may enjoy a cold snack or two
@CoyDavidsonCRE
what’s the IPA of choice tonight?
2
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@Bethazor1
@ICSC
Beth, you forgot a zero!! That time piece cost me $50K!!
(I don’t wear a watch but with the confidence I’d have shadowing Beth, I’d be in a tuxedo and top hat smoking a cigar during the meeting 🤷♂️)
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Monday Morning Team Meeting summarized in a few words:
We’ve got 2 weeks before everyone stops working. Hustle up
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What was your first car in high school?
I’ll start
Late Great Aunt’s 97’ Red Mercury Cougar
You know I hung fuzzy dice and LED strips in that interior
🫴🍯🪰
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Spoke at my high school’s career day this morning
Had some packed classrooms for my CRE sessions!
I remember being in HS and signing up for police officer, firefighter and navy pilot because I thought they’d have the coolest stories
Maybe kids these days prefer cap rate
0
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2nd stop (yet) to CAVA in my weeklong stay in Bentonville, AR for CCIM 102
@cava
When are you coming to Memphis?
We’ve got the sites for you 🕺
4
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Windows down, absolutely screaming along to Lee Greenwood this morning at full blast
Guy at the light next to me looks at me like I’m crazy
Can’t a guy feel a lil extra patriotic on a Friday? Sheesh
2
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Off to my pediatric dental appointment
Yes, I will sit in a tooth chair
And, it will stay this way until the authorities must get involved
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We bought a center for our client a few months ago and are in the process of converting leases to NNN
It is not easy…
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Last week was a busy one for me ❗️
Had the pleasure of attending the
X-Team Retail Advisors National Conference in Charlotte
I was in a room with some of the brightest retail real estate minds in the country
And you know what? Some of the nicest people you’d ever meet
Blown
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Gotta give this listing to
@NNNIncome
@chloecypers
@Tesslamotor
and let the locals do their thing!!!
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LL of (In my humble opinion) the best restaurant space in the city
Been reaching out and following up with him ever since I started my career in CRE… definitely the longest hunt for a prospect I’ve been a part of
Current restaurant tenant is leaving in next few months, and
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8:30 coffee meeting with an owner to sell his building and lease new space!
As is tradition, I’ll have 2 coffees in me before the real coffee meeting begins 😵💫
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Wi-Fi issues at the office means I’m going mobile today…
Local coffee shop patrons about to be unpleasantly surprised how frequently I’m on the phone
1
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Church Golf Tourney yesterday
1. A 475 yard dead center drive
2. Me trying to fake break my 7 iron. It really broke. Guess I have strong knees.
Pls see attached. Happy Friday
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Quick 90 minute trip each way to go tour a spot for a restaurant client of mine
Regardless of whether the deal gets done, I have a whole list of prospects/centers to call on after driving this market 🤠
1
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Just cold called a local dessert concept who has opened 3 stores in the last 18 months
Showing him space tomorrow at a mixed use development listing of ours
That went about as well as it could’ve… I can almost guarantee I’ll get yelled at in my next cold call
Numbers game 😅
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It was my better half’s birthday this past weekend, and a bunch of her friends drove into town to celebrate at my house because winter weather had everything shut down
Mixing Red Bull vodkas, Espresso Martinis, Red & White wine, Tequila, and Bundt Cakes is not recommended
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Made the jump from an IPhone 12 to 15 yesterday and forgot how exciting a new phone is
1️⃣Doesn’t die in 45 minutes
2️⃣I can use my speaker phone function
3️⃣New feature where a crotchety old man’s voice recording tells you, “I’ve been doing this for 30 years and I don’t need
0
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Had a tough week last week, work wise and personally.
FE lease for a 10 year deal where we repped both sides comes across the inbox on this fine Monday morning.
THIS WEEK IS MINE. GIVE ME THE SONOS WE’RE GETTING AFTER IT.
1
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Salad wasn’t gonna cut it for dinner
What do y’all know about the triple decker PB&J? 😮💨
5
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@TyMartinCRE
Haha I get those several times a day
I’ve seen this Isaiah Mitchell name before
I always respond, “Yes. Please submit LOI.”
Goal is to make them waste their time drafting an LOI. Have yet to see one 🤣
1
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Got no showed at my afternoon showing.
Yes, I talked with prospective tenant earlier to confirm our meeting time.
I’m probably supposed to insert an empathetic “You never know what someone is dealing with” quote here.
Barring he/she got hit by a bus, I’m holding a grudge 🤷♂️
5
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Vape shop call of the day
Tenant: “We’ll be far enough away from the other user, it won’t matter”
Me: “The LL isn’t allowed to lease to another vape shop because of restrictions”
Tenant: “Yes he can”
Me: “Okay I’ll let him know”
🔋
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Special shout-out to all those people (admin or brokers) who help assemble books for site tours.
The first time I made one was about a year ago for a national tenant looking to open ~10 more stores in our market.
I still have a copy, and it’s probably my most prized possession.
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