Thread: Retail News
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  #93  
Old Posted Jul 11, 2008, 3:52 PM
FairHamilton FairHamilton is offline
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If anyone, US/Canadian/local business thought there was a market which would provide them with a return they would locate in those locations.

Correction, Stinson isn't bringing anything to downtown, he's proposing it. If you think developers bring things you've got it reversed. Business work with or direct developers on where they want to locate and the developers source the property and build.

Do you think Smart Centres brings Walmart to an area? Walmart does their research and Smart Centres sources property that matches that research and builds. That's how things operate and why the 'power centres' are full of the same businesses, with very little vacancies. The developer never builds and then looks for tenants. The tenants push the developer to build in a location.
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