MIAMI—What's the state of retail leasing? How has it changed and how will it change? GlobeSt.com caught up with Patrick Breslin, executive vice president in Studley's New York office, to get his take on these and other retail leasing strategy questions in this exclusive two-part interview.
GlobeSt.com: What is the state of retail leasing and how has it changed over the past 12 months?
Breslin: Retail leasing in the South East, particularly in markets like Miami and Atlanta which were hit hard by the 2008 recession, are now seeing a strong resurgence. Foreign investments are prevalent in South Beach and Miami, and are moving northward. DC is strong, Philadelphia is coming back and, overall, the Eastern Seaboard is doing well.
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