Retail: the Next Darling for Investors?
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Brower: “Investors chasing yield are having a tougher time finding what they are seeking in the office, industrial and multifamily sectors.”
ORANGE COUNTY, CA—Retail is the next logical CRE powerhouse asset class, Brower, Miller & Cole’s CEOJudy Brower Fancher tells GlobeSt.com. Fancher will be moderating the panel “Striding Forward: Developers and Retailers Share What’s Next for Orange County” duringRealShare Orange County on August 18. In this exclusive preview to the event, we caught up with Brower Fancher for an exclusive discussion about what attendees can expect from the session and why retail has such strong fundamentals for future growth.
GlobeSt.com: Why did you feel a retail panel made sense now for Orange County?
Brower Fancher: Based on everything we hear from our clients throughout the commercial real estate industry, retail will be the next darling for capital investment. Investors chasing yield are having a tougher time finding what they are seeking in the office, industrial and multifamilysectors. Retail, which was definitely the last category to climb out of the last recession, hasn’t seen the big pricing adjustment that the other sectors have had. With retail recovering, the time is ripe for investors to reap extremely compelling returns on retail properties, from strip centers through repositioned regional malls…