So says Marcus & Millichap’s Hessam Nadji and Scott Holmes. Retailers have to start planning today for the changes to come tomorrow.
And with a growing pool of investors — including sovereign wealth funds — that makes sense. Two SVPs from PNC Real Estate are bullish on the sector as well.
More than $100 billion could be invested in 8,700 zones across the US thanks to the new tax law, but there are still many challenges, including a 10-year hold timeframe, say panelists at ICSC RECon 2019.
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