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Case study
Publication date: 30 March 2020

Craig Furfine

In January 2019, Benedict Clarke needed to address the vacancies at retail shopping center Tulaberry Plaza. The rise in online shopping forced Tulaberry's anchor tenant into…

Abstract

In January 2019, Benedict Clarke needed to address the vacancies at retail shopping center Tulaberry Plaza. The rise in online shopping forced Tulaberry's anchor tenant into bankruptcy and weakened the outlook for retail more generally. Clarke must devise a plan that presents the most logical and profitable way forward for the shopping center. The case asks students to make leasing decisions from the perspective of the property owner, Clarke, giving them an appreciation for both the quantitative and qualitative factors that influence optimal leasing decisions.

Details

Kellogg School of Management Cases, vol. no.
Type: Case Study
ISSN: 2474-6568
Published by: Kellogg School of Management

Keywords

Case study
Publication date: 20 January 2017

Craig Furfine

In January 2010, Benedict Clarke, general partner of a small real estate private equity venture, faced difficulty with one of his properties. When purchased in early 2007…

Abstract

In January 2010, Benedict Clarke, general partner of a small real estate private equity venture, faced difficulty with one of his properties. When purchased in early 2007, Tulaberry Plaza was a thriving retail shopping center outside Orlando, Florida. The financial crisis and severe economic downturn forced Tulaberry's anchor tenant into bankruptcy and weakened the other tenants in the plaza. Clarke now faces pressures placed on him by his limited partners, who were shown rosy projections of the returns they would receive, and by his lender, who is presently taking most of the property's cash flow to satisfy required debt service. Clarke must devise a plan that presents the most logical and profitable way forward, while also justifying his actions to elicit the necessary support from the others involved in the transaction. The case asks students to make decisions from the perspective of Clarke, giving them an appreciation not only of the details of strategic decision-making in real estate leasing, but also of the interplay between lenders and equity partners when managing a commercial property in distress.

After reading and analyzing the case, students will be able to:

  • Choose the right tenant for a retail establishment, with an understanding that it may not be the one that promises to pay the most rent

  • Identify the connections among commercial property performance, mortgage loan covenants, and partnership agreements, all of which can influence optimal decision-making

Choose the right tenant for a retail establishment, with an understanding that it may not be the one that promises to pay the most rent

Identify the connections among commercial property performance, mortgage loan covenants, and partnership agreements, all of which can influence optimal decision-making

Details

Kellogg School of Management Cases, vol. no.
Type: Case Study
ISSN: 2474-6568
Published by: Kellogg School of Management

Keywords

Article
Publication date: 5 July 2022

Balwant Kaur

This paper explores the contextual factors that support the necessity of a diversified curriculum. The author draws on the findings of the author's doctoral research to consider…

Abstract

Purpose

This paper explores the contextual factors that support the necessity of a diversified curriculum. The author draws on the findings of the author's doctoral research to consider the complexities underpinning the educational narratives of South Asian Muslim women. The paper critically examines South Asian Muslim women's position as migrant daughters and how South Asian Muslim women navigated colonial systems and the practices and behaviours inherent in these. Situated in a racialised inner-city area with a framing by policymakers as one that creates spatial anxiety, participants shared empowered and agentic narratives. These demonstrated a resistance to the othering and stigma that often ensues through stereotyping.

Design/methodology/approach

The project adopted a feminist participatory approach and made use of hauntology as both a theoretical and methodological framework. In keeping with this, four participants who had grown up in the area and still lived there were spoken in the form of research conversations, a walking tour and photographs of significant sites.

Findings

The paper provides empirical insights into how these four participants encountered education. By frequenting both formal and informal educational settings, these spaces became a crucial third space which alleviated unsettlement though allowing a more embodied occupation with learning. Teachers played a critical role in cultivating appropriate and supportive environments and were described and inferred to be moral agents and figures who assisted participants' navigation of a space, often embodying a more mentor-like disposition. Teachers proved to embody a practical wisdom, acting as anchors for offering spaces in and outside of the classroom that invited occupation and construction. Such spaces at school enabled the encountering of difference through recognising first the similarities with peers. Whether these commonalities were cultural or otherwise, those commonalities provided a firm foundation from which to imagine and push the parameters of the space and identity, and so school was likely another crucial space for hybridity.

Research limitations/implications

The research approach is specific to the context(s), narratives and migratory moment of the participants, and although participants' accounts have been re-storied to honour participants' voices, the accounts may lack generalisability. The paper raises two key implications: first, by recognising educational settings as a third space for students to create a hybrid identity, and second, through familial, community and navigational capitals which have the potential to shift the pedagogical approaches underpinning the conditions created for students.

Originality/value

Pointing out that hybrid identities without the frequenting of space are hauntological is crucial, and hybrid identities cannot reconcile cultural differences because hybrid identities are out of place, and without location, hybrid identities remain troubled and alienated. This is a situation that the author describes as cultural hauntology – a condition which draws on both hybridity and hauntology to illuminate unsettlement long after colonisation. The native culture is never fully banished or forgotten. The native culture exists behind the closed doors of homes, within communities and perhaps even within the demarcation lines of a given geographical area. Cultural hauntology comes about as a deep-seated internal colonisation that appears as traces, marks and murmurs that cannot be deleted. Perhaps what alleviated the extent of what might have been more extreme in cultural hauntology's dissonance, were the teachers, mentors and role models that participants repeatedly referenced as agents that bridged and enabled the participants.

Details

Qualitative Research Journal, vol. 22 no. 4
Type: Research Article
ISSN: 1443-9883

Keywords

Book part
Publication date: 30 November 2006

Brenda Dervin, CarrieLynn D. Reinhard and Zack Y. Kerr

The idea of adapting and designing services and products to serve “special” needs either for the public good or for commercial purposes is fundamentally an idea anchored in US…

Abstract

The idea of adapting and designing services and products to serve “special” needs either for the public good or for commercial purposes is fundamentally an idea anchored in US history. At root, it is a simple idea, albeit expressed in widely varying vocabularies across disciplines and professions. In the parlance of social work, public education, and public librarianship, for example, the idea has been repeatedly advanced over the years as a well-meaning reaching out to meet the needs of subpopulations not readily addressed by available service designs. In the parlance of the commercial sector, the idea has focused on market segmentation, dividing the population into finer and finer subgroups for the purposes of marketing products and services. One of the most recent labels for these activities has been marketing to audience “niches” in which the audience is identified “… as a certain definable market segment with demographic characteristics that make it attractive to advertisers.” (Fejes and Lennon, 2000, p. 37).

Details

Advances in Librarianship
Type: Book
ISBN: 978-1-84950-007-4

Article
Publication date: 24 July 2023

Mark R. Mallon and Stav Fainshmidt

Because family businesses are highly complex enterprises, researchers need appropriate theoretical and methodological tools to study them. The neoconfigurational perspective and…

Abstract

Purpose

Because family businesses are highly complex enterprises, researchers need appropriate theoretical and methodological tools to study them. The neoconfigurational perspective and its accompanying method, qualitative comparative analysis, are particularly well suited to phenomena characterized by complex causality, but their uptake in family business research has been slow and fragmented. To remedy this, the authors highlight their unique ability to address research questions for which other approaches are not well suited and discuss how they might be applied to family business phenomena.

Design/methodology/approach

The authors introduce the core tenets of the neoconfigurational perspective and how its set-theoretic epistemology differs from traditional approaches to theorizing and analysis. The authors then use a dataset of family firms to present a primer on conducting qualitative comparative analysis and interpreting the results.

Findings

The authors find that family firm resources can be combined in multiple ways to affect business survival, suggesting that resources are substitutable and complementary. The authors discuss how the unique features of the neoconfigurational approach, namely equifinality, conjunctural causation and causal asymmetry, can be fruitfully applied to break new ground in scholarly understanding of family businesses.

Originality/value

This article allows family business researchers to apply the neoconfigurational approach without first having to consult multiple and disparate sources often written for other disciplines. This article explicates how to leverage the theoretical and empirical advantages of the neoconfigurational approach in the context of family businesses, supporting a more widespread adoption of the neoconfigurational perspective in family business research.

Article
Publication date: 14 April 2014

Nathalie Raulet-Croset and Anni Borzeix

The purpose of this paper is to explore how the combination of a qualitative shadowing method called “Commentated Walk” and an ethnographic approach, can be used to analyze the…

Abstract

Purpose

The purpose of this paper is to explore how the combination of a qualitative shadowing method called “Commentated Walk” and an ethnographic approach, can be used to analyze the spatial dimension of practices, when space is considered as a co-construction and as an active dimension of individual and collective practices.

Design/methodology/approach

The approach is ethnographic and the empirical field work concerns the coordination in ephemeral organizations intended to manage emergent phenomena: the social “problems” often named “urban incivilities,” which occur in public and semi-public spaces in some suburban areas in France and are recurrent.

Findings

In these organizations, space appears to be part of individual and collective practices, and a key resource for coordination. Shared “spaces of action” between inhabitants and local institutions contribute to coordination. As a method of data collection, Commentated Walks offer relevant insight into how actors “deal with space” in their day-to-day life or their professional practices. Walking with while talking with – the method's principals – make it possible to capture the materiality of problematic spaces as well as the feelings that the space inspires.

Research limitations/implications

The use of this method is still exploratory. In further research, it would be interesting to consider such Commentated Walks in other organizational contexts, in order to explore different ways of “dealing with” space and different types of spatial competencies that people develop in using space as a resource.

Originality/value

This paper proposes an original combination of methodological approaches which allows us to grasp the formation of spatial practices.

Details

Journal of Organizational Ethnography, vol. 3 no. 1
Type: Research Article
ISSN: 2046-6749

Keywords

Article
Publication date: 13 June 2016

Kristi L. Selden and Amit H. Varma

The purpose of this study was to develop a three-dimensional (3D) finite element modeling (FEM) technique using the commercially available program ABAQUS to predict the thermal…

Abstract

Purpose

The purpose of this study was to develop a three-dimensional (3D) finite element modeling (FEM) technique using the commercially available program ABAQUS to predict the thermal and structural behavior of composite beams under fire loading.

Design/methodology/approach

The model was benchmarked using experimental test data, and it accounts for temperature-dependent material properties, force-slip-temperature relationship for the shear studs and concrete cracking.

Findings

It was determined that composite beams can be modeled with this sequentially coupled thermal-structural 3D FEM to predict the displacement versus bottom flange temperature response and associated composite beam failure modes, including compression failure in the concrete slab, runaway deflection because of yielding of the steel beam or fracture of the shear studs.

Originality/value

The Eurocode stress-strain-temperature (σ-ε-T) material model for structural steel and concrete conservatively predict the composite beam deflections at temperatures above 500°C. Models that use the National Institute of Standards and Technology (NIST) stress-strain-temperature (σ-ε-T) material model more closely match the measured deflection response, as compared to the results using the Eurocode model. However, in some cases, the NIST model underestimates the composite beam deflections at temperatures above 500°C.

Details

Journal of Structural Fire Engineering, vol. 7 no. 2
Type: Research Article
ISSN: 2040-2317

Keywords

Article
Publication date: 13 March 2007

Joseph T.L. Ooi and Loo‐Lee Sim

This paper aims to address two questions related to the magnetism or drawing power of suburban malls: first, does physical size matter, and second, what is the externalities…

3575

Abstract

Purpose

This paper aims to address two questions related to the magnetism or drawing power of suburban malls: first, does physical size matter, and second, what is the externalities effect of housing a Cineplex within a shopping center?

Design/methodology/approach

The study was carried out through an extensive survey covering 1,283 shoppers in nine selected suburban shopping centers in Singapore. The effects of physical size and the presence of Cineplex on the magnetism on the selected suburban shopping centers are evaluated using analysis of variance (ANOVA) tests. Their effect on shopping duration and expenditure pattern is also empirically tested using a recursive simultaneous equations model.

Findings

The survey results affirm that both physical size and the presence of a Cineplex enhance the magnetism of suburban shopping centers. A larger shopping center can facilitate a greater variety of shops and create a more pleasant environment for the shoppers, thus enticing shoppers to visit and stay longer. Cinema patrons prefer to watch movies at Cineplex located in shopping centers. Controlling for the endogenous relationship between duration of visit and amount spent in the shopping center, the regression results show that, while physical size and Cineplex have a positive effect on the duration of visit, they do not necessarily have a direct effect on the amount spent by the patrons in the shopping center.

Originality/value

One of the main challenges for mall owners and managers located outside the traditional shopping belt is how to attract shoppers to patronize their malls. While the impact of shopping center size on retail rents and center attractiveness has been addressed in the literature, this paper adds some new insights into the field. The focus on whether the presence of a cinema complex within a shopping center affects its magnetism or not is novel.

Details

Journal of Property Investment & Finance, vol. 25 no. 2
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 18 September 2007

Lisa Waxman, Stephanie Clemons, Jim Banning and David McKelfresh

To provide insight and practical perspectives into the needs of university students regarding places to gather, develop community, and find restoration on the college campus. This…

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Abstract

Purpose

To provide insight and practical perspectives into the needs of university students regarding places to gather, develop community, and find restoration on the college campus. This information can be used by libraries as they seek to encourage library use by students.

Design/methodology/approach

About 44 students were sent into the field to document the location and physical characteristics of the “third place.” The questionnaire and field notes recorded by the students addressed the central questions of what spaces constituted their third places, the location of those spaces, the activities in which they participated while there, the factors that contributed to their selection of those places, and the important design features of those third places. In addition, the research team observed students in library settings and interviewed library administrators.

Findings

About 80 percent of students indicated that their favorite third place was off campus. These places were overwhelmingly coffee shops and restaurants. The major functions served by their third places included socialization and relaxation.

Practical implications

These findings provide insight into the way students now study, research, and communicate. Libraries can use this information as they design spaces that encourage students to come to the library to study, as well as socialize, converse, find restoration, and simply “hang out.”

Originality/value

The paper brings together practical information from an interdisciplinary team that can aid libraries interested in renovating spaces to accommodate students of the twenty‐first century.

Details

New Library World, vol. 108 no. 9/10
Type: Research Article
ISSN: 0307-4803

Keywords

Article
Publication date: 1 March 1950

THE accompanying photographs, which we publish by courtesy of The Fairey Aviation Co. Ltd., were received a few days too late for inclusion in our article on maintenance design…

Abstract

THE accompanying photographs, which we publish by courtesy of The Fairey Aviation Co. Ltd., were received a few days too late for inclusion in our article on maintenance design features last month. The skin of the wing undersurface forming the shroud for the Young‐man flap on the Firefly is formed by stressed panels that are of a thicker gauge than is necessary for strength in order to prevent panting. Inside the trailing edge run the flap controls and components of the retracting mechanism. As originally designed, FIG. 1, several panels had to be removable and, since these were stressed, they had to be held by closely‐spaced screws and anchor nuts.

Details

Aircraft Engineering and Aerospace Technology, vol. 22 no. 3
Type: Research Article
ISSN: 0002-2667

21 – 30 of over 11000