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Panelists here at ICSC RECon agree that the extraordinary speed of advancement in technology will disrupt all sectors of retail real estate but note that those to embrace the revolution will prosper.
"This is an excellent example of Capital Square 1031's strategy – helping investors acquire an interest in a higher quality replacement property than they could afford to purchase on their own," says Louis Rogers of Capital Square 1031.
“Miami and Florida as a whole is attracting Americans leaving high-tax states such as New York as the new tax law cuts into their income-tax deductions.”
The redevelopment dovetails with reconfiguration efforts taking place in Hackensack's downtown CBD that will make the district more accessible for live-work-play options being developed there.
Panelists during the capital markets panel at ICSC's RECon event here in Las Vegas say that while valuations are peak”ish”, the expansion in the retail capital markets space has really been led by responsible buying and borrowing.
San Francisco has one of the most evolved markets for flex space compared to other global cities, however, the number of flex centers is still relatively limited compared to New York and London.