Considered a leading expert on retail and the shopping center industry, Nick A. Egelanian pioneered the segmentation of retail into Commodity and Specialty sub-groups as the author of the retail chapter of the Urban Land Institute's Professional Real Estate Development: The ULI Guide to the Business, 3rd Edition in 2012.
Mr. Egelanian served as Vice President of Real Estate and New Store Development for Crown Books and FAO Inc./Zany Brainy before forming SiteWorks Retail Real Estate Services in 1992. As President of SiteWorks, Nick has worked with clients including Stuart Weitzman, Balducci’s, Jos. A. Bank, Starbucks, Justice, Lane Bryant, and Zoës Kitchen.
Nick has also advised a wide array of owners and developers throughout North America, including Vornado Realty Trust, Cadillac Fairview, Madison Marquette, Ramco-Gershenson Properties Trust and Bayer Properties, with whom he partnered in the development of over 1.5 million square feet of Specialty Retail. He is currently acting as the chief retail advisor to Sagamore Development Company, the developer of nearly 250 acres of waterfront property in Baltimore, MD that will house Under Armour’s new 4 million square foot headquarters facility and up to 1.5 million square feet of retail in a 15 million square foot mixed-use development.
Mr. Egelanian is an active speaker and writer on retail trends and the evolution of the retail industry, and has coined the phrases “Post-Department Store Era” and “Convergence Era” in his numerous articles and editorials in publications including Shopping Centers Today, Chain Store Age, Shopping Center Business, and the ULI’s Urban Land Magazine. Nick teaches retail real estate development in the Colvin Real Estate Development graduate program within the University of Maryland’s School of Architecture, Planning and Preservation in College Park, MD and acts as a faculty member at the ICSC’s University of Shopping Centers in Philadelphia and Riordan School in Miami.
He earned a Doctor of Law (J.D.) degree at the George Washington University National Law Center in 1982 and a Bachelor of Science degree in Finance from the University of Maryland, College Park in 1979.