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Problem solving has become the biggest rent in retail brokerage in recent years—and it isn’t surprising. While all asset classes have seen a shift in demand this cycle—some for the better—and there has bee a general trend toward more experiential real estate, the retail sector has experienced the most significant change. As a result, the retail broker’s role has also changed.

“The biggest trend in the past couple of years and for the foreseeable future is problem solving,” Chris Wilson, head of national agency leasing at JLL, tells GlobeSt.com. “Many centers are showing signs of disruption from the disconnect in rents for luxury to the repositioning of malls to the evolution of the grocery industry. As retail continues to change, we at JLL need to be problem solvers for our owner clients.”

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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