LAS VEGAS—Ready for some good news? Despite the headlines and the prolonged wait-and-see that is part of the embryonic Trump administration, the economy is still pumping along, and brick-and-mortar retail is strong.
That's the major takeaway from Marcus & Millichap's 2017 US Retail Investment Forecast, and, naturally, the press conference that introduced it. Yes, the tea leaves can be confusing. Yes, there is pain. And yes, technology indeed is stirring up a dynamic retail evolution.
But, as president and CEO Hessam Nadji and national retail director Bill Rose urge in this exclusive video interview from RECon, don't think for a minute that the trouble is pervasive, or that the us-versus-them mentality against e-commerce is prevalent. Both Nadji and Rose are confident that smart retailers–and the real estate brokers who support them–get it.
Click on the video to get the full—and enlightening—story.
LAS VEGAS—Ready for some good news? Despite the headlines and the prolonged wait-and-see that is part of the embryonic Trump administration, the economy is still pumping along, and brick-and-mortar retail is strong.
That's the major takeaway from Marcus & Millichap's 2017 US Retail Investment Forecast, and, naturally, the press conference that introduced it. Yes, the tea leaves can be confusing. Yes, there is pain. And yes, technology indeed is stirring up a dynamic retail evolution.
But, as president and CEO Hessam Nadji and national retail director Bill Rose urge in this exclusive video interview from RECon, don't think for a minute that the trouble is pervasive, or that the us-versus-them mentality against e-commerce is prevalent. Both Nadji and Rose are confident that smart retailers–and the real estate brokers who support them–get it.
Click on the video to get the full—and enlightening—story.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
