The retail asset class is in flux due to major market forces. We are joined by Yash Kumar, Vice President, Retail & Investment Services at Lennard Commercial, who is our expert this week. Topics include:
- Sears closing locations
- The reasons why Target failed and the ensuing repercussions
- Higher yield tenants for landlords
- Cap rates in small markets
- The power of national tenants
- Re-purposing retail
- “Showrooming” and Amazon
- Brick-and-mortar retailers adopting flexible pricing
- Why Yash is optimistic about the future of retail
Plus, we discuss the best Twitter quotes from the Real Capital Conference.
A bit about our guest…
Yash Kumar recently joined the growing team at Lennard Commercial taking on the role of Vice President, Retail & Investment Services. Yash comes from a national brokerage, Colliers International, where he was a part of the investment team and was directly involved in excess of $210M in investment transactions across Ontario.
Specializing in mid-market investment sales, Yash brings 6+ years of commercial real estate experience to Lennard. With strong relationships with the top institutions and private capital investors across the country, Yash has developed a thorough understanding of the investment market and is able to leverage his market knowledge in providing clients with maximized returns.
Yash Kumar on LinkedIn.