Phil Voorhees, EVP, CBRE National Retail Partners – West

Now is the time to buy outlet centers. The fundamentals are so strong, and consumers are showing fervent interest in the off-priced retail market, and as a result, there is strong upside for investment capital. Last week, we sat down with Phil Voorhees and Richard Frolik, both EVPs at CBRE, to talk about the outlet center market. Now, we sit down with them again to get a deeper look at the investment activity for outlet centers, how capital is responding and where the market is heading.