What are the needed change agents in retail real estate and where should we go from here?
In part one of this two-part episode, Trademark CEO Terry Montesi talks with his good friend Jeffrey Bayer, CEO of Bayer Ventures and Founder of Bayer Properties, about his journey into real estate and founding Bayer Properties, as well as what he learned and what he would do different if he were restarting his career today. Jeffrey and Terry share what they see as current retail trends, the role of newer and growing suburbs in the future of retail real estate and how retail needs to evolve moving forward.
For more information about Trademark, visit www.trademarkproperty.com
Timestamps:
(1:26) - Jeffrey’s Background and his journey into Retail Real Estate and large Mixed-Use projects
(2:55) - The story behind founding Bayer Properties
(6:41) - Why have you stepped down from Bayer leadership and what are you working on today?
(10:12) - What are some key lessons you’ve learned in your career of building mixed-use projects? If you were starting today, what might you do differently?
(14:11) - Is mixed-use becoming a product for the affluent consumer only?
(17:37) - What Jeffrey would have done differently in building mixed-use projects
(18:55) - Jeffrey’s perspective on how the retail and mixed-use businesses will be, has changed, or will be changed by the pandemic
(20:15) - Terry’s thinking on retail and mixed-use after the pandemic
(22:54) - What’s the likelihood we see an explosion in women’s fashion?
