Thursday, April 6, 2017

State Of Retail? Assembly Row Developer Don Wood: 'It Sucks'

Image result for assembly rowIt is a bad time to be a retail landlord, according to Federal Realty Investment Trust president and CEO Don Wood, but that will not stop the smartest businesses from turning a profit.

“It sucks. It absolutely sucks. This is a really, really tough time to be in retail real estate,” he said at Bisnow’s National Retail Series event in Manhattan on Tuesday. “Everyone involved knows it.” . . . more

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