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  • Pennsylvania REIT: A Bargain in the Retail Sphere [View article]
    Everything the author presented was based on the rear view mirror approach to what has previously transpired.

    One retail analyst suggested that there is currently on a national basis, 2 billion square feet of excess retail space which will disappear in the next five years. This prediction was made last fall. So far with cos. like Circuit City, Linens and Things, and not to mention the auto dealerships being dissolved this estimate is credible. I would refrain from any REIT unless the entity does 100% of their business with the Fed. The author appears to be in his early 30's and maybe he is textbook smart; but he needs to learn to be street smart...
    Jun 10 15:42 pm |Rating: 0 -1 |Link to Comment
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