Shopping for centers: Dated retail properties are finding new ways to extend their shelf life in Albuquerque

From evolving Covid-19 restrictions to the continued growth of e-commerce, shopping centers appear to be at a crossroads. Ever since he got into the industry more than 30 years ago, developer Steve Maestas has grown accustomed to the ever-changing retail climate.

Maestas, CEO of Maestas Development Group, said Covid-19 simply accelerated consumer behavior changes. That behavior has become polarized. People either bargain shop or they seek a shopping experience. Everything in the middle — traditional…

Source: The Business Journal