1. Outsourcing Services Remain Popular as Retailers Eye Expansion

    Outsourcing Services Remain Popular as Retailers Eye Expansion
    Retail firms continue to rely on brokers and other consultants to manage real estate tasks.
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    1. We see a bigger picture, because we're not just viewing one retailer.
    2. We never make a decision without actually looking at a mall itself.
    3. If you can really see what's going on in every location you have that's being retrofitted or remodeled, you really don't need as many people as you used to have.
    4. They have people in place that can hit the ground running.
    5. Growth for growth's sake and at all costs is a thing of the past.
    6. That's what came out of this recession in terms of real estate strategy—we can't just continue to grow a footprint.
    7. Rather than reporting to the COO or an operations guy in some cases, now we have somebody who speaks our language—a director of real estate to communicate with.
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