#750: Michael Salafia on Managing Operations at STAX and Mastering Single Tenant Retail

Michael is the Managing Partner of Miami-based STAX Real Estate and CEO of Miami-based Re-Up. STAX Real Estate is an industry leading platform for the sale lease back of net lease retail properties. Re-Up is a gas station and convenience store retail operator, focused on elevating the customer experience through the integration of AI-powered technology and design. Re-Up is elevating the way people re-fuel, re-charge, re-fill, re-up, answering a pent-up demand for a modern, clean, and healthy convenience retail experience. Re-Up has 9 stores open and more than 30 in the pipeline, strategically positioned for accessibility and convenience across Florida, Mississippi, and Louisiana.

Connect with Michael: https://staxre.com/

Linkedin: https://www.linkedin.com/in/michaelsalafia

Highlights:

6:05 – The Clues of a Bad Operator

10:35 – STAX Specialties

23:46 – The Most Stable Properties During Uncertainty

30:28 – Understanding The Business

Quote: “Read The Reviews on Google before you invest in a company.”

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