LAS VEGAS—Some 15 big-box locations, no less than 500,000 square feet, are currently being remerchandised by retail REIT RPAI as it seeks to deliver higher returns to these centers. In this exclusive video interview from RECon, EVP, COO and CIO Shane Garrison chats with GlobeSt.com about how this major initiative fits in with the REIT's overall strategy and the market dynamics driving the remerchandising trend.
You'll also hear:
- To what extent remerchandising is more than just a good strategy, it's a survival tool;
- What are some of the new concepts rolling in?
- What sort of results will the initiative produce? and
- How does this fit in with RPAI's overall growth strategy?
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
