IRVINE, CA—Investor interest in the retail sector is surpassing one of thestrongest periods in recent history, RickChichester, president and CEO of Faris LeeInvestments, tells GlobeSt.com. In anticipation ofICSC Western Division next month, we spoke withChichester about the trends he's seeing in retail realestate investment and where he thinks thesmart money is going.
GlobeSt.com: Rick, tell us about what Faris Lee isseeing in the retail investment world these days.
Chichester: The level of interest andactivity in retail investments is as strong as it was duringpre-recession time. It's similar to 2006 and 2007, but there's morecapital in the market looking for retailopportunities, and the financing market is more robust and dynamicthan it was.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
