VIDEO: Retail Vacancies Aren't Always Easy to Fill
NEW YORK CITY-Retail real estate landlords need to change their tenant criteria in this environment of vacancies, say, Neill Kelly, president, and Mark Dufton, chief executive officer, of DJM Realty, a Gordon Brothers Group company that specializes in retail real estate dispositions. The spoke with us at their booth at the recent ICSC New York National Conference.
They spoke about:
- The types of concessions need to take in this retail real etate environment.
- If landlords are able to cut up big boxes that are being vacated.
- The possibility of a store-within-a-store concept entering tenants.
ANNOUNCING: RAY KELLY, President of Risk Management Services for Cushman & Wakefield and former police commissioner to speak at RealShare NEW YORK on October 9 at the Roosevelt Hotel in Manhattan. Register today.