Anyone work in retail real estate (not sales)?
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[{"id": "d5mdq5z", "text": "Do you mean development, operation, ownership, client representation, etc?", "replies": [], "depth": 1}, {"id": "d5mklmi", "text": "I work as a retail broker and property manager. Not exactly sure what aspect of retail real estate you are interested in.\n\nLocation plays a huge role in the majority of your questions. I happen to work in an area where retail is very prominent so that helps make it enjoyable, gave me the ability to have a salary on top of my commissions, and made it much easier to break in. I started my real estate career focusing on office space in an area that was dominated by office/industrial product. There were very few good brokers who focused primarily on retail in that market so I would assume the work is less enjoyable, less money to be made, and much harder to break in.\n\nOverall I enjoy it a lot. For the most part we have very low vacancy which helps keep our Landlords happy. It's infinitely harder for a retail company to move locations than something like an office user obviously, so we do a ton of renewals and have a lot of power over the tenant in doing so.\n\nFeel free to pm me if you have any additional questions, not sure this is the area of retail you are interested in so I don't want to go into too much detail.\n\n", "replies": [], "depth": 1}]