![]() ![]() Recent national retailer bankruptcies, negative retail space absorption, increased scrutiny of national tenant financials, Wall Street and life insurance company trepidation, and the increasing saturation of retail markets have conspired to make the process of retail center repositioning and redevelopment more challenging. Regardless of how well positioned a retail center may be during its inception, new retail concepts, economic cycles, changing demographics, and the gradual obsolescence of all commercial structures make repositioning or redevelopment inevitable. ![]() The development, marketing, leasing, and management of a retail center is one of real estate's more complex and demanding endeavors. Retail A Strip Center Makeover Successful Retenanting Helps a Retail Center Regain Class A Status.
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