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VIDEO: Value-Add Opportunities Are in New Construction

NEW YORK CITY-Tony Thompson of Thompson National Properties speaks with GlobeSt.com editor Ian Ritter about retail opportunities and the possibility of a jobless recovery.

By Ryan Clark | Updated on September 28, 2009

NEW YORK CITY-Ian Ritter, editor of GlobeSt.com sits down with Tony Thompson of Thompson National Properties to discuss retail opportunities and the possibility of a jobless recovery.

Thompson sees, “A lot of opportunities on the value-add side in new construction,” as many over-built condo portfolios will come to market from banks taken over by the FDIC. As far as growth, Thompson notes that grocery chains and some drug stores are still maintaining through the down economy.

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