LOS ANGELES—Need-based retail is the next “it”asset class for institutional investors, according to ChrisMacke, American Realty Advisors managingdirector of research and strategy. Macke and his colleague,American Realty Advisors managing director of fund and separateaccount operations Jay Butterfield recently satdown with GlobeSt.com for an exclusive interview to discuss thecompany, investment trends and what we can expect to see fromAmerican Realty Advisors in 2015. Here is what they had to tellus:

GlobeSt.com: American Realty Advisors is aninvestment manager to institutional investors. Please describe yourcurrent investment strategy.

Jay Butterfield: As an institutionalinvestment manager, we recognize that American has a responsibilityto our investors as a steward of their capital and a partner inhelping them achieve their goals in providing for theirparticipants and beneficiaries. We seek to achieve those goalsthrough risk-controlled investment strategies with an emphasis onthe preservation of capital. Our core real estate strategiesemphasize broadly diversified portfolios focused on stabilizedincome-producing office, multifamily, retail, and industrialproperties in major institutional markets nationwide, and our valueadded strategies target quality potential assets and developmentopportunities in these markets, where our active managementapproach and extensive hands-on real estate expertise can provideadded value to quality assets needing capital investment that willallow them to perform.