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NAIOP Insights: Blurring the Retail Line

Redevelopment is almost 100% of what’s going on in retail real estate.

 

Redevelopment is almost 100% of what’s going on in retail real estate.

Today developers are selecting premier spots where they have access to customers, and that often means reusing existing retail locations.

E-commerce and changes in consumer behavior are driving retailers to spend more capital than ever to keep buyers interested. Omnichannel retail is key: using online sales to drive brick-and-mortar locations.

This content features Geoffrey Millerd, vice chairman with Newmark Knight Frank, and was filmed at NAIOP’s CRE.Converge 2018.