Jaime Sturgis

CEO at Native Realty
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  • “Traditional real estate has always been desirable as a hedge against inflation and now we’re seeing retail, in particular, be an asset class that is negotiating new leases to reflect the pressure of inflation in real time so that the value investor’s dollar match it and it does not get diluted,” said Sturgis.

    Out-of-state restaurateurs from New York and New Jersey make up much of the new demographic.

    “They closed down restaurants that they had run there for several decades and they’re relocating their businesses down here. That’s been interesting,” said Sturgis.

    15 June 2022