SAN DIEGO-Retail real estate development is starting to come back slowly, but "the deals are going to look a little bit different," said Brad Pearl, vice president of leasing and development at Newmark Merrill Cos. He spoke here at the recent ICSC Western Division Conference with GlobeSt.com's Ian Ritter.
The two also spoke about:
- The changes in land in land prices and the policies of municipalities toward development.
- Retailers, like Ross Dress For Less and Big Lots finding good sites right now.
- How consumer confidence and unemployment will impact retail sales.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.