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In this episode, David Bodamer is joined by Tom Lagos, an executive director with Institutional Property Advisors, an arm of Marcus & Millichap Real Estate Investment Services. Tom has spent the last 27 years as a transactional broker, specializing in the area of shopping centers. Tom talks about how slow and dismal 2020 was for the retail sector considering that in-person meetings and walking the properties were no longer an option. But, as you will soon find out, the future of the retail property sector is starting to look bright again.
You will learn:
- What it has been like to try to close deals during COVID-19
- How valuations fluctuated throughout 2020
- Whether there are any motivated investors in the retail sector right now
- Where retail might move to in 10 years if shopping centers are out of the equation
- And more!
The rebound of brick and mortar is coming! Tune in to discover what the rebound will look like.
Resources: Wealth Management Real Estate| Tom Lagos on LinkedIn | Institutional Property Advisors