NEW YORK CITY—There's no doubt, from the perspective of Shane Garrison, EVP, COO and CIO of RPAI, that retail real estate is a local business. As GlobeSt.com reported recently, the firm is paring its market focus to a select few cities and working its local knowledge to achieve great results. In an exclusive video interview at ICSC's New York National Deal Making Conference, Garrison goes into detail and provides the numbers behind the success.
You'll also hear him explain:
- How a focus on real estate rather than retail pays off for a retail firm;
- How retail volatility is not so much of an issue if proper planning is in place; and
- The outlook for development and redevelopment.
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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.
