All Star: Ray Washburne on cities, retail, restaurants, energy and more

Ray Washburne is an accomplished investor with an eclectic portfolio that spans shopping centers, restaurants, energy and more. Washburne offers a unique perspective on market trends, Investment opportunities and the the evolution of cities. Retail Unique Identity Wins : Local restaurants and regional brand dining experiences are essential to attracting visitors to a city or neighborhood. Bifurcation of Retail : High-end luxury retailers and those that offervalue to consumers are doing well. Office Demolition Over Conversion : Many older offices are being demolished due to high conversion costs and antiquated construction. Amenities Matter : Office buildings with unique amenities are commanding higher rents and driving tenant demand. Cities & The Economy · Urban Revitalization : Cities are experiencing a resurgence with new developments driving growth and investment. · Caution Persists : A large federal deficit, high consumer credit card debt, and sticky inflation are making it essential for investors to be prepared for extended volatility.