Open-Air Conference: Small centers in big demand

03/1/2013 | SCT Newswire

This year's Open-Air Conference was held against a background of strong demand for unanchored and grocery-anchored shopping centers. In contrast, few lifestyle developments and enclosed malls are being built in the U.S. at present. "Strip center developments are cheaper to build, easier to entitle and they take a lot less land," John Schupp, senior vice president of retail and project management for Jones Lang LaSalle, recently told SCT. "Plus, neighborhoods are less likely to resist them."

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