LAS VEGAS—When we last met up with Faris Lee president and CEO Rick Chichester at ICSC's December event in Manhattan, he was less than bullish on the months ahead. Turns out, Q1 was less than stellar. At RECon 2016, he fully acknowledged the retail market's strengths, but harbored concerns over some risk, not the least of which lies offshore.
In this exclusive video interview from the exhibition hall, you'll hear Chichester
- Ask if it is time to be a net seller;
- Explain why this isn't a runaway upcycle;
- What's driving the retail investment market now; and
- What advice would he give his clients at this point in the cycle?
LAS VEGAS—When we last met up with Faris Lee president and CEO Rick Chichester at ICSC's December event in Manhattan, he was less than bullish on the months ahead. Turns out, Q1 was less than stellar. At RECon 2016, he fully acknowledged the retail market's strengths, but harbored concerns over some risk, not the least of which lies offshore.
In this exclusive video interview from the exhibition hall, you'll hear Chichester
- Ask if it is time to be a net seller;
- Explain why this isn't a runaway upcycle;
- What's driving the retail investment market now; and
- What advice would he give his clients at this point in the cycle?
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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.
