NEW YORK CITY—Nostalgia was in the air—or at least the webcast airwaves—when leaders of two major mall REITs spoke at the National Association of Real Estate Investment Trusts REITWeek 2014.
Just days after winning awards for green development and leasing from the US Department of Energy Better Building Alliance, Regency Centers is asking investors to put their money where their sustainable heart is.
How would you like to save 88 percent of the largest single component of your energy bill? Regency Centers has done it, and been given an award to boot, as well as being recognized for other sustainability efforts.
Globalization may not be the goal for U.S. retail REITs any longer, but retailers themselves continue to look for new opportunities, including some surprising areas.