MIAMI—Are traditional retail malls dead? There's certainly plenty of talk about the shopping experience and lifestyle centers are hot. At the same time, major mixed-use projects are emerging with retail as a key component to offer shopper convenience in urban neighborhoods.

GlobeSt.com caught up with Shane Hillsley, managing director of Duncan Hillsley Capital—the firm that acquired Downtown Dadeland in partnership with Pebb Capital and Canyon Capital Realty Advisors, to discuss these trends in part two of this exclusive interview. You can still read part one: What Will Set Downtown Dadeland Retail Apart?

GlobeSt.com: We hear a lot about lifestyle centers in today's retail market. Why have these types of properties become so popular?

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