LAS VEGAS-Not everyone at thisyear's rendition of RECon shared the same degreeof enthusiasm over the retail rebound. Those more reticent types,such as Steve Jaffe, executive vice president ofGlobeSt.com Thought Leader BH Properties, aremoving more cautiously, dipping their toe in, as Jaffe put it.Nevertheless, Jaffe is confident enough to see more buying activitycoming, especially in BH's sweet spot, the value-add play. In thisexclusive video interview, he describes what he's seeingand:

  • Changes in how potentialinvestors see strip centers;
  • The stability of a needs-basedcenter; and
  • The outlook for the value-addmarket and retail as a whole.

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.

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