Back Email This Article. Since the leveling off of the pandemic, the retail sector has become a success story. Bricks-and-mortar are triumphing over e-commerce as consumers flock to in-person locations, while more stores have opened than closed this year.
The year has been an exciting one for the men and women who navigate the retail real estate market. New brands, new themes and new store concepts are being tested in various markets β usually to great success.
The question, of course, is how long will this success continue before an economic downturn or worse visits the US economy? Consumers have remained resilient in the face of economic headwinds so far, though that story is still being written. Many professionals in the industry believe that retail has hit an inflection point and others are not so sure, which makes the job of a retail real estate broker or banker or landlord that much more challenging.
These sector professionals have become experts at handling lease re-negotiations and developing new innovations for touchless environments, while at the same time working tirelessly to ensure that retail properties serve and revitalize their surrounding communities. With this in mind, GlobeSt. The Influencers in Retail Real Estate recognition will highlight not only the individual pioneers who have impacted the industry, but also the organizations and the teams within that have become critical to the industry.
The chosen Influencers will be profiled in a feature article on GlobeSt. The extended submission deadline is February 7, To nominate, click here. For additional information, please view the recognition's FAQs page. To stay up-to-date on GlobeSt. Your Email.
