CBRE Retail reposted this
Helping elite HIGH-STREET RETAIL portfolio owners by securing the best and highest use for their assets - all while solidifying trustworthy relationships and increasing wealth.
I have been in the real estate industry for over 2 decades. I have been grateful to have my experiences and successes throughout this time. Here are 5 most important things working in retail real estate has taught me! To elaborate further: 1. Adaptability is key - Retail real estate is a dynamic industry that is constantly evolving. Being able to adapt to changes in the market, consumer preferences, and technology is crucial for success. 2. Location, location, location - The importance of location in retail real estate cannot be overstated. The success of a retail property often depends on its proximity to high-traffic areas, demographics, and accessibility. 3. Building relationships is essential - In retail real estate, forming strong relationships with tenants, landlords, brokers, and other industry professionals is vital. These connections can lead to valuable opportunities and collaborations. 4. Attention to detail is critical - From negotiating lease agreements to managing property maintenance, paying attention to the details is essential in retail real estate. Small oversights can have significant consequences in this industry. 5. Continuous learning is a must - The real estate industry is complex and ever-changing. Staying informed about market trends, regulations, and best practices is essential for success in retail real estate. Continuous learning and professional development are key to staying ahead in this competitive field. @rodeodrive @bh_chamber @cityofbevhills #houmanmahboubi #retailrealestate #broker #brokerlife #luxuryretail #beverlyhills #beverlyhillsrealestate #realestatebroker #successful #business #realestatesuccess