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Place your Retail Bets on Trophies or Trash

PHOENIX—Because those are the hot tickets, especially in the Southwest markets, according to Lee & Associates executives.

By John Salustri | Updated on May 13, 2015

PHOENIX—If you walked the miles and miles (and did I mention miles?) of show floor at RECon last year and talked with most of the exhibitors, the majority were nearly giddy with excitement over the recovering state of retail. And it was justifiable to a degree, since the market sector had been the poster child of the last downturn.

But, of course, real estate is still local and more nuanced, as Jan Fincham, and Patrick Dempsey, principals in the Phoenix office of Lee & Associates, explain. Don’t get me wrong, they’re both enthused about the direction the asset class is going. But they’re also realistic in acknowledging that there’s still some post-recessionary catching up to do.

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CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

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