Jeff Fritz

Jeff Fritz

CCIM, CPM, CSM

Vice President

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About

Professional Summary

Jeff Fritz is a Vice President and a member of Colliers Retail Investment Property Group. In this capacity, he is responsible for supervising and directing retail investment sales activities for the Hampton Roads area of Southeast Virginia. Jeff also works to advise private and institutional investors on the acquisition and disposition of retail assets throughout Virginia. Prior to joining Colliers, Jeff had 13 years of commercial real estate experience in development, asset management and real estate management primarily focused on retail properties. Through his prior experience, Jeff developed a thorough understanding of retail property financials, construction, development, leasing, and operations which serve his investment property practice well.

Jeff is actively involved in the International Council of Shopping Centers (ICSC) as well as being a member of the Hampton Roads Association of Commercial Real Estate (HRACRE) and the CCIM Institute.

Accomplishments

  • Ashland Hanover Shopping Center – Ashland, VA - 226,665 SF
  • Skyline Village – Harrisonburg, VA - 190,484 SF
  • Crossways Shopping Center – Chesapeake, VA - 152,564 SF
  • Gainsborough Square - Chesapeake, VA - 88,862 SF
  • Valley Commons Shopping Center - Salem, VA - 45,580 SF
  • Shoppes at Eagle Harbor - Carrollton, VA  - 23,303 SF
  • The Shoppes at Madison Heights - Madison Heights, VA - 17,120 SF
  • Chartway Federal Credit Union - Virginia Beach, VA - 3,620 SF

Education

  • Bachelor of Science in Marketing Management, Virginia Tech
  • Licensed Real Estate Agent, Commonwealth of Virginia

Memberships & Involvements

  • Certified Commercial Investment Member (CCIM)
  • Certified Property Manager (CPM)
  • Certified Shopping Center Manager (CSM)
  • International Council of Shopping Centers (ICSC), Member
  • Hampton Roads Association of Commercial Real Estate (HRACRE), Member
  • ICSC NextGen, Board Member
  • ICSC Virginia Programming Committee, Board Member
  • Towne Bank Leadership Alliance, Board Member
  • Virginia Aquarium, Aquarium Connection Member
  • Cycle for Survival, Planning Committee

Clients

  • Armada Hoffler Properties
  • Bon Investments
  • Brixmor Property Group
  • Collett Capital
  • Entertainment Properties Trust
  • First National Realty
  • Freedom Investments
  • Frontier Development
  • Harbor Group International
  • Kimco Realty
  • Kodiak Properties
  • Midland Atlantic Properties
  • Mishorim Real Estate Investments
  • Prudential Financial (PGIM, Inc.)
  • Rivercrest Realty
  • Slate Retail REIT
  • South Coast Commercial
  • Venture Realty Group​
  • Wheeler REIT

Services

Skills
Area Development, Asset Management, Asset Resolution Services, Auctions, Automobile Dealerships, Bank REO, Bars, Bed and Breakfast, Business Brokerage, Business Development, $name, City Sales, Construction Management, Consultancy Services, Debt and Equity Finance, Design and Build, Disposal Advice, Financial Analysis, Foodstores, Ground lease, Healthcare, High Street Retail, Insolvency Property Services, Institutional Capital Markets, Investment Properties, Land Marketing, Land Sales, Lease Advisory, Location Advisory and Incentives, Marinas, Metro Leasing, Metro Sales, Mixed-Use Properties, $name, Operational real estate, Portfolios, Property and Project Finance, Property Tax, Pubs, Receivership, Recreational Properties, Residual Land Value, Resorts, Restaurants, Retail Management, Retail Park, Retirement Living, Self Storage, Seniors Housing, Shopping Centres, Site Sales, Student Housing, Supermarkets, Transactions Services
Service Lines
Landlord Representation, Tenant Representation, Capital Markets
Property Types
Land, Office, Multifamily, Retail

My Team

My Team

Featured Research
Jan 15, 2020
Norfolk Retail Q4 Marketview
Multiple Large Deliveries Highlight Strong Activity Within Norfolk Retail Market in 2019
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May 15, 2019
Norfolk Retail Q1 2019 Marketview
Market Overview The Norfolk retail market showed slight increases in vacancies throughout Q1 2019, ending the quarter with 207,908 sq. ft. of negative net absorption, which raised the vacancy rate 30 bps (basis points) to 5.9%. Average asking rents (NNN) ended Q1 2019 at $13.34 across all product types, which is a slight decrease of $0.30 quarter-over-quarter, however an increase of $0.77 year-over-year. Market rents have been increasing since the recession, and that trend is expected to continue in the near future. With the upcoming deliveries of IKEA and Wegmans, the area is showing that it can be attractive to selective, high-quality retailers. Both of these retailers are known for providing high-quality experiences within their stores, despite their products being the main drivers of business. They highlight the growing trend of experiential retail, which will likely continue gaining popularity as brick-and-mortar continues to evolve.
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Featured News
Jun 3, 2020
Colliers International Announces Sale of Gainsborough Square in Chesapeake, Va.
The Colliers International Retail Investment Team is pleased to announce the sale of Gainsborough Square in Chesapeake from Armada Hoffler Properties to Slate Asset Management.
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