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Retail's Pace of Change is Accelerating

Retail real estate developers will have to adapt quickly in order to stay in the game by choosing tenants who are online resilient, adding stores within stores and using service-based concepts with no inventory, say panelists at a recent BMC event.

By Carrie Rossenfeld | carrierossenfeld | Updated on September 22, 2017

BMC Changing Face of Retail panel The panelists gave insight into the question, what are some of the innovations we will see in retail space in the future and how will this change the way the market does business?

SAN DIEGO—Retail real estate developers will have to adapt quickly in order to stay in the game by choosing tenants who are online resilient, adding stores within stores and using service-based concepts with no inventory, said panelists at the “Changing Face of Retail” event hosted recently by the Burnham-Moores Center for Real Estate at the University of San Diego’s School of Business. Panelists included Jim Young, co-founder and CEO of Realcomm; Ryan Perry, senior general manager of Westfield UTC; Stuart Tanz, president and CEO of ROIC; and Anjee Solanki, national director of retail services for Colliers International US.

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