How Burlington Stores Is Navigating a Changing Environment

Even though the last six months to a year have been rough, the retailer is growing at a rate of 100 stores per year, says the director of real estate.

By Natalie Dolce | October 31, 2022 at 01:44 PM

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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