AGENTS McGees Property has appointed a new director of large format retail (LFR) in CBRE’s Dallas Sears.
Sears brings over 24 years of experience in the retail industry, including leasing large format retail space for the last 15 years at CBRE, most recently as a director.
“Dallas has been the dominant operative in the South Australian market for over 15 years and a more than worthy competitor to McGees Property in its specialisation in this market,” said Craig Feely, director at McGees Property.
“Having Dallas join forces with McGees Property will undoubtedly make us the leading agent in this market. Moving forward I expect us to be clear leaders in large format retail property services – in sales, leasing, management, and valuations.”
“I’ll continue to do the work that I have done leasing large format retail, and I’ll also be able to branch out and be involved in other kinds of retail property sales and leasing so I can help my clients in different ways, which I’m really looking forward to,” said Sears.
“Adelaide’s large format market has really boomed in the last few years and it doesn’t feel like it is slowing down any time soon. We have retailers who are looking to expand their network, relocate stores that are underperforming, who aren’t in the right location, or are in stores that are no longer the right size.
“We also have clients who recognise the demand for new supply and are looking to redevelop existing space, or develop and build new large format retail centres.”
