Passco’s Cautious Retail Optimism
LAS VEGAS-The overall tone of ICSC’s RECon conference here was all-out enthusiasm. Well, not all out. Taking a slightly more watchful approach, Passco president Larry Sullivan says he’s waiting a bit “for the outlook to get a little firmer” before he recommits to the retail sector. What’s he seeing that many others apparently aren’t? In this exclusive video interview from the show floor of RECon 2014, he explains.
You’ll also hear:
- How Passco identifies promising geographic expansion targets;
- Some different reasons for accessing the secondary markets; and
- How much retail will factor into the entire Passco strategy and portfolio going forward.