JLL Arranges Nearly $275M for West Coast Retail Portfolio
The firm arranged five separate fixed-rate CMBS loans, on behalf of a joint-venture partnership, for six retail properties.
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The retail market is changing rapidly. There is a trend toward more experiential retail and away from the standard mall format. With this change, it might seem like an odd time to start a new retail advisory firm—but if you ask Michael J. Cortazzo, it is the perfect time. He has launched Crossroads Retail Advisors to guide clients through the new retail investment, development and leasing markets, and in the process, he is redefining retail brokerage. We sat down with Cortazzo for an exclusive interview to talk about the new firm and where he sees the future of retail.
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The firm arranged five separate fixed-rate CMBS loans, on behalf of a joint-venture partnership, for six retail properties.
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