The following story is related by one of our real estate investment instructors: I first heard about tenant mix when I set up two real estate offices, one in Kailua and one in Honolulu. I hired a broker to be the branch manager of that location. That broker taught me much about commercial business over the next six months. The first thing he taught me was retail and he started with shoe stores. He told me that the best place for a shoe store was next door to another shoe store. That did not make any sense to me to have competing stores next door to each other. However, when I began really looking at our retail areas, I saw that it was true. Shoe stores tended to flock together. Other types of businesses did, too. Some of that was regional, some was related to our own particular marketplace, but some businesses seemed constant, one of which was shoe stores. Another business that abides by this precept is restaurants, since most cities have one or more of what is come to be called a "restaurant row". When you go out to eat, sometimes you decide on a special place before you leave. Much of the time though, you will leave the house without having decided on a place to go and just go to the same area every time, your favorite restaurant row. So, just like shoe stores, restaurants tend to cluster together. I"ll never forget when I was teaching realtors how to market retail properties. I was instructing a class in Atlanta, Georgia, which I did many times over seven or eight years, two or three times a year. After a while, we figured out that we could get some input from the retail community. One of the things we did was to ask McDonald"s real estate manager for the Southeastern United States to come visit our class. He explained how McDonald"s went through the process of selecting sites in the cities in the Southeast. He would show up with 2 or 3 assistants, people who were actually going out in the field and looking for sites. He had seven site selectors in his office, and they"d bring another couple of store managers and each of those store managers had a couple of people with them. So, they had this entourage of people showing up in our class carrying big muffins and coffee that we had during our break. The vice president of real estate would stand up and give us an hour of lecture with slides on demographics of how they picked the traffic counts, and all the rest of it. My students loved learning this scientific way to select a site. Then one day, I had the idea that I should probably invite the Burger King guy, too. He was also in Atlanta, and he covered exactly the same territories, in the same seven states. Burger King accepted the invitation, and their organization came down for the special purpose of giving their side of the story, knowing full well that the McDonald's guy was doing the class, too. So, I had McDonald's guy come on Tuesday, while Burger King came on Wednesday. The Burger King guy shows up with no helpers, but with two huge bags of sausage biscuits, we had to fend for ourselves to get coffee. He came by himself, because he had no assistants or site selectors working for him. He covered his seven states all by himself. He selected every site, wrote every contract, and did all the research himself. He had no big research facility and he did not pay much attention to demographics. Although his talk took about 45 minutes, it boiled down to this, "I go in to Greenville, South Carolina, and look around for McDonald's. Then, I'd buy whatever is closest to them. That was 15 years ago, but that is still their strategy today. They go and look for McDonald's. So, to recap that lesson: if you are filling up a little strip center, tenant mix is an important thing. If it is empty, one of your first concerns is to determine what business is going to anchor the center. There is a special word for that in retail real estate, a strip center's anchor is called the end cap. Now, there are two ends to this building. That is why it is so important to pick the business at the end of the strip that will bring the most traffic into the strip and then build your tenant mix. In 1989, Stew Spence became a full time real estate investor, and has bought, sold or been on the business end of hundreds of real estate transactions, both large and small, numerous diverse types of transactions totaling over $40,000,000. Now semi retired, Stew is still an active investor and has trained thousands to succeed with real estate. Today, he is also retained as a Board of Advisors member with HIS Real Estate Network, a commercial buying group. 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It's certainly not inexpensive, but you'll find unique menu items, happy hour wine and cocktail specials, and some of the best bread I've ever had, at least, which is supplied by the Pig's sister business and dedicated bakery, Pan Chancho. Lest I lead you astray with an unqualified recommendation, I should mention that I don't eat much ice cream. I tried White Mountain the other day for the first time and I was pleased with their homemade ice cream between my peanut butter crunch and my friends' mint chocolate, pralines cream, and caramel swirl, I got a good sample but almost thwarted by the fact that they took cash only. What's probably most worth mentioning here has nothing to do with the ice cream shop itself, but a kindly young man who overheard and offered to get our ice cream! (Unfortunately, as if to make sure the man would never inclined to be so kind to strangers in the future, one of us [not me] hugged him out of sheer gratitude and smushed his ice cream on the back of the guy's shirt.) Well, if Prince Edward County our own local wine country is too distant to count, then I guess I find myself mostly at Red House, but that doesn't seem like a recommendation that's likely to be new to you. Find a way to take a country drive, hop on the ferry, and explore the acres and acres of wineries in the county. The county is known for a terroir that supports the pinot noir varietal, in particular, but some wineries have experimented with grapes less usual to the area. I had a hard time answering this one. Rather than suggesting a particular location, what I want to do is draw your attention to how many green spaces Kingston has for you to enjoy in the summer. Look at this map of all the parks! The city is lousy with 'em! City Park is wonderful, of course, because it's at the water. Skeleton Park is a hub for little arts festivals. Victoria Park is big enough for some team sports. The landscaping in Churchill Park is charming as heck. If you click the link above and zoom in, you see even more than appear on the map at this resolution. There are two things happening this week not exactly festivals, but public events. One is the BioBlitz on Wolfe Island where Kingstonians of all ages are invited to identify as many plants and animals as we can from 2pm on Friday June 13th to 2pm on Saturday June 14th in an effort to document the area's biodiversity. I no Amanda Tracey, but I know enough to know that frog doesn refer to a species name in this case. I keep looking other is on Friday, too, and it's a free concert by Kingston's own Sarah Harmer. It's at 8pm in Market Square and kicks off a summer concert series. There are lots more Market Square events, too, like movie screenings. 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