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FINDING MORE SENSE OF PLACES

FINDING MORE SENSE OF PLACES
jamestown properties matt bronfman mayor atlanta kasim reed ponce city market
Jamestown Properties is working to acquire several retail-centric mixed-use deals in major cities. Jamestown's Matt Bronfman(above, with Mayor Kasim Reed), a panelist at Bisnow's  3rd Annual Atlanta Capital Markets Summit, July 26 at the Westin in Buckhead (get yer tickets here) tells us Jamestown is pursuing new acquisitions in  DC, California,  and  Seattle. ?We're seeing the better opportunities in the retail sector right now,? he says. But there's a catch: It has to be urban and it has to have a key location and a ?sense of place.?
 
jamestown new york matt bronfman chelsea market
Jamestown's Chelsea Market (above) is one of those ?sense of place? projects. Capital is seeking  retail that either caters to the discounters (aka Walmart) or the  luxury urban retailers. ?I worry about that mushy middle,? he says. (When asked for comment, sweet potatoes said, "that's offensive.") It's retail projects that offer a unique destination experience  that will help retailers thrive. ?If you're not selling a sense of place, then I think a lot of things will be bought and sold over the Internet.?