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WMRE's Common Area: 2020 Retail Through the Eyes of a Transactional Broker

Tom Lagos, an executive director with Institutional Property Advisors, comes on the podcast to discuss the state of the shopping center investment sales market.

 

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In this episode, David Bodamer is joined by Tom Lagos, an executive director with Institutional Property Advisors, an arm of Marcus and Millichap Real Estate Investment Services. Tom has spent the last 27 years as a transactional broker, specializing in the area of shopping centers. Tom talks about how slow 2020 was for the retail real estate sector given the overall uncertainty hanging over the segment as well as with activities like in-person meetings and walkthroughs of properties drastically reduced by COVID-19 restrictions. 

In this episode you will learn:

  • What it has been like to try to close retail investment deals during COVID-19
  • How valuations fluctuated throughout 2020
  • Whether there are any motivated investors in the retail sector right now
  • Where retail might move to in 10 years as shopping centers evolve
  • And more!

Tune in now. 

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