Chain Store Age editor Al Urbanski approached top retail real estate executives, including our own Jim Bieri, and asked, “If you met a retailer at a cocktail party, and he or she asked you to name the single biggest challenge they’d face in brick-and-mortar in 2017, what would you say?”
Jim Bieri, Principal, Stokas Bieri Real Estate: In 2017, retailers can expect to see a three-fold increase — in interest rates, construction costs and retail sales. A decrease in federal regulation will result in a stronger economy. In 2018, look for an increase of organic retail as small business is stimulated with lower taxes and general economic enthusiasm.
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