The CRE Retail Puzzle with Ken Bernstein (Part 2)

In the second half of this discussion, Trademark’s CEO, Terry Montesi, and his good friend Ken Bernstein, President and CEO of Acadia Realty Trust, discuss investment strategy and how it, along with urban and suburban real estate markets, have transformed during the pandemic. The two talk about omnichannel retailing's dependency on brick-and-mortar, and how retail real estate supply and demand is shifting as we ease out of the pandemic.

Terry and Ken share advice for young professionals and why they see retail as the “New York” of the real estate industry: If you can make it there, you can make it anywhere!

Follow “Leaning In” to hear future discussions about mixed-use and retail real estate every second and fourth Wednesday of the month.

For more information about Trademark, visit www.trademarkproperty.com

For more information about Acadia Realty Trust, visit www.acadiarealty.com.

“Leaning In” is produced by Straight Up Podcasts.

(0:47) - What key retail trends do you see as most influential for Brick and Mortar the next few years?

(3:57) - What do you see happening for the future of mixed street and shopping centers in the United States?

(7:06) - Acquiring real estate properties in order to shrink their retail footprint

(9:47) - What Terry is seeing in terms of tenant demand to get in vs. those wanting to move to open-air spaces

(13:57) - Advice to young RE professionals looking to get into retail mixed-use