IRVINE, CA—Investor interest in the retail sector is surpassing one of the strongest periods in recent history, Rick Chichester, president and CEO of Faris Lee Investments, tells GlobeSt.com. In anticipation of ICSC Western Division next month, we spoke with Chichester about the trends he's seeing in retail real estate investment and where he thinks the smart money is going.
GlobeSt.com: Rick, tell us about what Faris Lee is seeing in the retail investment world these days.
Chichester: The level of interest and activity in retail investments is as strong as it was during pre-recession time. It's similar to 2006 and 2007, but there's more capital in the market looking for retail opportunities, and the financing market is more robust and dynamic than it was.
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