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Specifically, Transwestern Commercial and Devencore will work together on cross-border occupier, agency and capital market opportunities, and will also provide research, marketing and consulting support for existing and future clients.
There will be winners and losers under the retailer's reorganization but many mall owners have made contingency plans for this very event, according to CBRE.
Net lease in general is doing well thanks to a more liquid environment, favorable cap rates and growing foreign interest, says Jim Koman of ElmTree Funds.
“Central Perimeter continues to be a magnet for corporate headquarters with job creation and therefore investor interest," says Cushman & Wakefield's Mike Kemether.