Page 24 - February 2021

COVER STORY

A Greenhouse

For Retail

ChOTTO MATTE SPYSCAPE
Miami, US New York, US

specially now in the age of Covid-19, retail, hospitality reside in our agnostic approach, no conflicts and boutique
and entertainment in America is fraught with pitfalls, mentality, while also leveraging the decades of relationships and
so what Mike Reilly and his business provides is a powerful client base with an array of brands including Lululemon,
E formula to help brands with their North American Uniqlo, Forever 21, Superdry and Scotch & Soda and the deal-
expansion strategy through the latest research, on-ground making that goes with them.”
teams and an unrivalled knowledge base. Due to the variety of clients they represent in various
From here, his incubator executes his client’s vision utilising commercial real estate asset classes, the company is able to have
an agnostic approach that is not confined to staying within one an elevated sense of where deals should fall and can thereby push
brokerage. Rather, his approach fuses a variety of teams in each more aggressively for their clients. “This is also what my incubator
market so that the client can view all possible options. does 24/7, as we live, breathe and eat retail, entertainment and
Whether it is introductions to capital sources, dissolution hospitality representation. There is nothing else that brings us more
or disposition, bringing in aesthetic advice & preparation, legal joy than seeing our clients succeed above and beyond, and become
introductions, potential partners or licensees, distribution centre best in class,” Rielly explains.
or office leasing and assistance or a multitude of other elements, The impact that Covid-19 has had on the world of retail
he provides a brand with a number of opportunities to plug & has been immeasurable. However, Rielly feels that there are still
play and grow in the USA. some opportunities out there for companies who possess a
“We can operate like a boutique brokerage that is extremely compelling product or service that the consumer is currently
hands on, while also moving the needle for a client’s needs in other wanting and are willing to digest some risk.
areas that are not common to traditional brokerage,” explains In terms of his incubator, it has for the most part remained
Mike Rielly, Founder of Rielly Retail Solutions. “Our key strengths business as usual during these difficult times in terms of identifying

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