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Outlet Centers Outperforming the Shopping Center Industry

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Outlet Centers Outperforming the Shopping Center Industry

May 21, 2008

By Sasha M Pardy – CoStar

“With nearly 400 factory outlet projects currently operating or planned in almost every part of the world, the outlet concept is showing uncommon strength in virtually every market,” said David Ober, general partner of PA Outlet Management (which has three outlet centers totaling 1.25 million square feet) and president of industry association DOC&R (Developers of Outlet Centers & Retailers). Ober chaired a concurrent session titled, “Outlet Retailing’s Global Reach, Strength and Adaptability,” at ICSC RECon 2008 earlier this week in Las Vegas.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.costar.com/News/Article.aspx?id=4103FF4A57D5F4F2F3FCE816CF69F15F

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