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Dave Collins, EVP of portfolio management at InvenTrust Properties Corp., tells GlobeSt.com that the firm has ramped up our redevelopment efforts and targeted retailer right-sizing for retenanting and pad opportunities on its sites.
Investor strategies continue to shift toward suburban and second-tier markets that provide higher yields, but there are still buyers—particularly from overseas—for trophy central-business-district assets, Colliers' Cynthia Foster tells GlobeSt.com.
The big downtown properties attract a lot of interest, but well-leased, smaller developments in dense neighborhoods are very likely to continue seeing strong rental growth.