Two Orlando retail real estate professionals agree on the town center's long-range potential benefits for tenants, owners and residents but disagree on the regional mall's future existence.
"The regional mall is dead," David W. Marks, president, Marketplace Advisors Inc., Orlando, and a former Trammell Crow Co. senior vice president/retail, tells GlobeSt.com. "The regional mall replaced the old town center and now the town center is making a comeback."
Town centers won't replace regional malls, John M. Crossman, senior vice president/retail, Trammell Crow Co., Orlando, tells GlobeSt.com, "but they can hurt them."
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