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Well… this happened yesterday. I officially earned my third stripe. One more to four, and then comes Blue. To many, these stripes might look…
Well… this happened yesterday. I officially earned my third stripe. One more to four, and then comes Blue. To many, these stripes might look…
Liked by Hue Chen (Retail CRE)
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Over the past week, there has been much talk amongst people in my network about current and upcoming economic challenges for CRE. Here are some…
Over the past week, there has been much talk amongst people in my network about current and upcoming economic challenges for CRE. Here are some…
Liked by Hue Chen (Retail CRE)
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BY POPULAR REQUEST - the answer key to the Leasing Associate Proficiency Test. This will be done through a series of videos. The first one is up…
BY POPULAR REQUEST - the answer key to the Leasing Associate Proficiency Test. This will be done through a series of videos. The first one is up…
Shared by Hue Chen (Retail CRE)
Experience & Education
Licenses & Certifications
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Real Estate Broker - Broker Of Rec, Off, Partnership & Corp
Florida Department of Business and Professional Regulation
Issued
Publications
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A day away from managing retail properties to help feed the needy
CoStar
Saglo Cos. volunteers to prep meals, clean up for The Caring Place in Miami
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How a shopping center investor suggests finding 'shadow inventory' in a tight retail market
CoStar
In this video interview, Saglo President Hue Chen outlines a way to unlock hidden space
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Despite sizable headwinds, some aspects of the retail real estate market showed signs of improvement in the second quarter.
South Florida Business Journal
'Essential' retail continues to outperform
Miami-based Saglo Development Corp. this week closed on its fourth shopping-center acquisition since October.
The commercial real estate firm acquired a 160,391-square-foot shopping center in Roswell, Georgia, a suburb of Atlanta. The property is anchored by Kohl’s and Michaels Stores, and is 96% occupied.
Hue Chen, president of Saglo Development, said the company typically buys shopping centers that have what used to be called "daily needs"…'Essential' retail continues to outperform
Miami-based Saglo Development Corp. this week closed on its fourth shopping-center acquisition since October.
The commercial real estate firm acquired a 160,391-square-foot shopping center in Roswell, Georgia, a suburb of Atlanta. The property is anchored by Kohl’s and Michaels Stores, and is 96% occupied.
Hue Chen, president of Saglo Development, said the company typically buys shopping centers that have what used to be called "daily needs" retail, but since the pandemic, is commonly referred to as "essential" retail: grocery stores, discount retailers, medical businesses and quick-serve restaurants.
Saglo Development in April launched a $40 million fund that was completely subscribed to within a month-and-a-half, Chen said. Leaders at the company expected it would take a year to complete the fund. The hope is to buy another two or three shopping centers in the next six to nine months.
Saglo's entire current portfolio is in Florida and Georgia, in large part because of population.
"Population growth is the greatest fuel for the prosperity of retail," Chen said. -
Okey Dokey Grocery Store article
South Florida Business Journal
Hue Chen is quoted as saying “Cases such as Okey-Dokey’s reminds us on how important a track record within the local geography is when evaluating a new tenant for your properties as a landlord,”
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Miami Herald people on the move
Miami Herald
Article regarding Hue Chen joining Saglo Dev.
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ICSC West Florida Conference
ICSC
Hue Chen is listed as panelist, representing LeadsCommunity, in discussing social media in commercial real estate.
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Leads Community Leasing 101 articles
LeadsCommunity.com
Various articles giving great tips for leasing professionals.
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SFBJ - Intracoastal Mall restaurant row article
South Florida Business Journal
Discussion on the re-development of Intracoastal Mall by bringing high end restaurants to a dilapidated portion of the property.
Languages
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English
Native or bilingual proficiency
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Spanish
Elementary proficiency
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Chinese
Elementary proficiency
Organizations
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YPO
Member
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Big Brother Big Sisters
Mentor for the School to Work program
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International Council of Shopping Centers
Co-Chair of local events, speaker, discussion leader, committee member at various events
- Present
Recommendations received
7 people have recommended Hue
Join now to viewMore activity by Hue
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Saglo Companies (and Viking Cruises) cannot to be all things to all people. We know our core competencies and excel at servicing our core customers…
Saglo Companies (and Viking Cruises) cannot to be all things to all people. We know our core competencies and excel at servicing our core customers…
Shared by Hue Chen (Retail CRE)
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🎉 Exciting news! I'm partnering with ICSC to help bring the energy leading up to my favorite retail real estate event of the year: ICSC@FLORIDA!…
🎉 Exciting news! I'm partnering with ICSC to help bring the energy leading up to my favorite retail real estate event of the year: ICSC@FLORIDA!…
Liked by Hue Chen (Retail CRE)
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🎉 Big news! We're excited to welcome Mara Frumkin, First Vice President, SRS Real Estate Partners, and James Cook, Americas Director of Retail…
🎉 Big news! We're excited to welcome Mara Frumkin, First Vice President, SRS Real Estate Partners, and James Cook, Americas Director of Retail…
Liked by Hue Chen (Retail CRE)
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👋🏼 Big News: I’ve joined TwoTen as a Partner. This next chapter feels like a serendipitous evolution—rooted in a career spent solving complex…
👋🏼 Big News: I’ve joined TwoTen as a Partner. This next chapter feels like a serendipitous evolution—rooted in a career spent solving complex…
Liked by Hue Chen (Retail CRE)
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