Retail REITs are Equity REITs that own and manage retail properties and rent space in those properties to tenants. Retail REITs include REITs that focus large regional malls. Other retail REITs focus on grocery-anchored shopping centers and power centers that feature big box retailers. Net lease REITs own freestanding retail properties and structure their leases so that tenants pay both rent and the majority of operating expenses for a property, including taxes, utilities and maintenance.
REITs in This Sector
News about this sector
The decision in 2003 to plan a mixed-use redevelopment dubbed City Creek touched off a 10-year project that was embraced by residents and local officials.
CEO Drew Alexander says omnichannel model “makes good real estate even more valuable.”
Scott Crowe describes retail real estate as a “great non-consensus area” to consider.
Phil Owens of Green Street’s Advisory Group discusses long-term outlook in retail real estate.
CEO Thomas McGuinness says REIT’s balance sheet primed for future opportunities.