Still distressed centers to acquire – but process can be stressful
by Ted Carter Published: May 13,2012
Tags: Bob Flowers, Brooks Holstein, Commercial Real Estate, International Council of Shopping Centers, retail, William Smith III, Wolf Ridge Properties
Conventional wisdom says opportunities to buy distressed retail centers have been erased by the slow but steady economic rebound of the nation and region. An initial inspection of the retail landscape may support that thinking. But Bob Flowers, state director of the Alabama-Mississippi division of the International Council of Shopping Centers, thinks otherwise. “We think [...] [...]
