ATLANTA-After a decade of robust growth, new retail development, in common with much of the nation, is expected to slow here, though perhaps not as much as in other areas of the country, one of the area's oldest brokerages foresees.
“All the negative apprehension notwithstanding, we continue to be active in retail development,” Caldwell Zimmerman, president of the retail division at Colliers Cauble & Co. in Atlanta, tells Globest.com.
A nationwide study by Colliers International predicted the “retail landscape is set to slow significantly,” according to its author, Ross Moore, vice president and director of research. The Sun Belt, however, remains a hot spot for growth.
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