Retailers Rethink Existing Lease Arrangements


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“Consumers are quickly embracing the concept to purchase online and pick up the purchase at the store,” says Spiegelman.
“Big box stores are turning from the suburbs and toward city centers, but in searching for suitable urban space, they must often contend with cumbersome permit processes, municipal approvals, and, in some cases, issues relating to historic building designations.” That is according toGene Spiegelman, vice chairman and head of North America Retail Services for Cushman & Wakefield, who recently chatted with GlobeSt.com about where retail stands today, noting that retailers have been forced to rethink their existing leasing arrangements…
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