Retail Real Estate Jobs

Retail real estate serves as a medium for bringing wholesale products to consumers. This product type can range in size from a 3,000 square foot single tenant building to an 800,000 square foot Super Regional Center, and requires extensive leasing, property management, financial analysis, and advisory services talent. Tenant types vary greatly from a grocery store or home improvement center to small electronics stores and dry cleaners. Typically, retailers will lease space in a retail center in order to sell their products to the public; however some major national retailers will either buy their own building or develop a site themselves. The development and location of retail real estate is heavily driven by household income. It can be said that "retail follows rooftops," because retailers need to be in convenient locations for their consumers, and they want to be near the consumers that have disposable income to spend in their store.

Information on this page provided courtesy of Cornell University Baker Program in Real Estate