LOS ANGELES—During a fireside chat about the corporate tenants perspective at the recent GlobeSt. Net Lease national conference here at the JW Marriott LA LIVE, Eric Corpuz, director of real estate at Burlington Stores Inc. provided an insider’s look into the needs and challenges for his company as well as today’s tenants. 

He noted that the past six to 12 months have been rough. “For Burlington and a lot of other national retailers especially in the off price segment, we had wanted to see landlords develop turn-key spaces for us, to do our build out, but we have seen some divert their capital elsewhere,” he said. “If it isn’t a build to suit, or we have to apply our own capital, it is more difficult.”

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