Monday, July 2, 2018

Investors bullish on outlet centers

Chain Store Age
Commercial real estate investors have traditionally shied away from the outlet retail sector, but that’s beginning to change, according to two CBRE executives.

“An influx of new players is beginning to broaden the sector and spark conversations about its key attributes. I’ve seen multiple private equity groups and pension funds underwriting outlet offerings,” CBRE executive VP Richard Frolik told . . more