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James Race

Visionary and growth-focused real estate leader

James Race is a seasoned professional in the food and beverage real estate development industry with over 30 years of experience.1 He currently serves as the Vice President of Real Estate at Urbanspace, a company specializing in food halls and marketplaces.23

Career Highlights

At Urbanspace:: James has played a crucial role in the company's expansion, leading the real estate department to triple Urbanspace's locations from four to twelve units.1 His efforts are projected to generate $2.08 billion in sales and $165 million in EBITDA over twenty years.1 Notably, James's negotiation skills have saved Urbanspace $43 million in construction, development, and operating costs.12

Previous Positions::

  • Vice President at Branded Concept Development, a real estate brokerage and construction management firm focused on F&B concepts13
  • Owner and operator of Panino Sportivo, a multi-unit restaurant concept which he successfully sold1

Skills and Expertise

James Race is known for:

  • Applying an entrepreneurial mindset to the hospitality and food and beverage industry1
  • Expertise in all aspects of F&B real estate development1
  • Strong negotiation skills12
  • Finding and securing strategic locations for retail brands2

James Race's extensive experience and successful track record in the food and beverage real estate sector have made him a valuable asset to Urbanspace and the industry as a whole.

Highlights

Apr 9 · linkedin

Pulling hard for the new Saluhall food hall opening in SF in a few days! Food halls bring energy to an area and create a gathering place. With its IKEA superstore next door pulling in its own foot traffic, it should be a one-two punch. #Saluhall #FoodHall #SF #CulinaryDelights

Link: https://lnkd.in/eDEz4jjb

Jan 10 · linkedin

Solid article and interview with Phil Colicchio and Trip Schneck, two industry colleagues and friends. Food halls that are thoughtfully built, curated and operated work across all day parts, create energy and drive foot traffic. That's why landlords continue to look to our model to amenitize retail space in their buildings -- and it's why we are fortunate to team up with great f&b operators who are looking to expand their concepts.

Someday a food hall will open within a food hall and we'll know we've jumped the shark. Until then, let's keep creating gathering places.

#philcolicchio #tripschneck #foodhalls #realestatetrends #urbanspace

Related Questions

What are some of James Race's most notable achievements at Urbanspace?
How did James Race contribute to the growth of Urbanspace's food hall brand?
What was James Race's role at Branded Concept Development before joining Urbanspace?
Can you provide more details about James Race's experience with Panino Sportivo?
What strategies did James Race use to save Urbanspace $43M in construction costs?
James Race
James Race, photo 1
James Race, photo 2
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Experience

Senior Vice President - Real Estate at Urbanspace (January 2019 - Present)
Vice President of Real Estate at BCD (May 2014 - December 2018), Executive Director of Real Estate at BCD (August 2012 - May 2014), Partner/Founder of a Fast Casual Restaurant at PANINO SPORTIVO GROUP LTD (March 2003 - October 2011)

Education

B.S in Advertising from The University of Texas at Austin

Location

New York, New York, United States