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Tuesday, March 10, 2015

PrivcapRE: When Losing Retail Anchors is Good

 

PrivcapRE's Zoe Hughes recently interviewed Principal and CMO Adam Munder on value-add opportunities in the current marketplace. Here is an excerpt from her article:

"What happens when the two anchor retailers at your 150,000-square-foot shopping center both decide to move locations and let their stores go dark? If you're Sterling Organization, you jump on that deal immediately. ...

For Sterling, that was precisely the case in acquiring the Roswell Village Shopping Center in Roswell, Georgia."

Click here to read the full article on PrivcapRE.com (subscriber content).