Terry: “What used to be perceived as a risk is now a gamble worth taking because of all of the potential upside.”
TUSTIN, CA—Retail landlords today are much more willing to consider a start-up or growing venture in search for a uniqueness that will create an experience and increase traffic, Coreland Cos.‘ senior associate Ben Terry tells GlobeSt.com. With big-box tenants toppling and consumers seeking fresh, interesting retail experiences, we spoke exclusively with Terry about this refocus in the retail sector from national-credit tenants to entrepreneurial new concepts.
GlobeSt.com: Why are retail landlords looking at start-ups and new concepts differently today than they did 10 years ago?