Outlet centers growing

20 June 2012 | Posted in Retail, Denver Market, Conferences

An audience member attending the 2012 Retail (and Restaurant) Conference sponsored by the Colorado Real Estate Journal on Tuesday, asked what panel members thought of the future of mixed-use developments.

"Outlet centers are the new mixed-use developments," answered Michael Staenberg, prewident of THF Realty, which builds giant retail centers, anchored by stores such as Walmart and Target.
He said in St. Louis, where he is from, there were now outlet centers and suddely three are being planned. He added that at the recent International Council of Shopping Centers conference in Las Vegas, it was announced there are something like 200 outlet centers on the drawing board across the country.

John Rebchook joined the editorial staff of the CREJ in late 2011 to cover Multifamily, Retail and Investment Real Estate. John was an award-winning writer and editor for the Real Estate Section of the Rocky Mountain News from 1983 through 2009. John also covered economic development, banking and other economic news for the paper.

In addition to his work at the Rocky Mountain News John was a founding freelance journalist for GlobeSt.com, covering commercial real estate, and continues to maintain his own real estate blog at insiderealestatenews.com.  Rebchook graduated from Southern Illinois University with a degree in journalism.

When not keeping his readers up to date on the latest in commercial real estate news, John loves to spend time with his wife and daughter, and has run more than 40 marathons. 


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