Thursday, August 14, 2008

Did I once say something about location?

There's an echo in this blog. This Barrington development is yet more proof that if you build in the right place, retailers will flock to you. How can upscale retailers pass up Barrington's demographics? They can't, which is why Michael Jaffe has a 80% pre-open lease-up. I also see that Joel Rubin from one of my old firms represents Jaffe on some of his deals. I agree with him, BTW, that the lifestyle center concept has a lot of traction left in it, our lovely winters notwithstanding. (I still can't remember the last time I went inside our regional mall.)

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