ORLANDO—We're a much more diverse market now than before the recession. Paul Rutledge, a first vice president at CBRE.
What are the hot markets on the horizon? Do any retail categories stand out? Where is development happening? GlobeSt.com caught up with Rutledge to get his take on these topics in our exclusive interview.
GlobeSt.com: How has Tampa Bay's retail market changed since the economic recession?
Rutledge: We're a much more diverse market now than before the recession. Vacancies have gone down—7.1% at the end of the second quarter 2015. Rates are going up at a measured pace and moving in the right way.
Discount retailers are really doing well in the tertiary markets. There's not the negative association about shopping at a discount location like there used to be.
Retail
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