NEW YORK CITY-Retail will continue to do well, “particularly the essentials,” says Nick Schorsch, president and CEO of American Realty Capital. He was recently interviewed at the RealShare Net Lease conference in New York City and he discussed:
- The perks of convenience stores versus malls and big-box retail properties
- Why diversification into electronics stores is not strategic
- How cap rates should continue to gradually tighten up
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