therealdeal.com – Under a warm sun and cool breeze, retail insiders took a gut check of the market. Al Laboz, principal at retail landlord United American Land, captured the mood of many.
“There will be more time for long lunches,” Laboz said. The general sentiment at the Wynn Las Vegas European pool Sunday afternoon and at several parties that night was a measured concern for the future — in large part, they said, because of a broad disconnect between buyers and sellers, landlords and tenants.
Casting a long shadow was the giant retailer Amazon, as many brokers and owners mulled the impact of their spouses or children doing more and more shopping online.
Categories: Real Estate