TORG Expands Latin American Footprint

CHICAGO (June 14, 2019) – The Outlet Resource Group (TORG) announced today that it has expanded its international footprint with the opening of an office in Latin America and the formation of a strategic alliance with Lizan Retail Advisors (LRA).

TORG’s Latin American office is located in its client’s Megapolis Outlets Panama project in Panama City, Panama, and will serve as its base of operations for that redevelopment and for Megapolis’ other developments throughout Latin America.

The TORG-LRA strategic alliance will provide outlet retail advisory services to clients and projects throughout the region.

“The opening of our Latin American office and the alliance with LRA, one of Latin America’s most respected retail advisory groups, demonstrates our belief in the potential of Central and South America,” said Lisa Wagner, Principal of TORG.  “Part of TORG’s philosophy is to be present in the markets where our clients and projects are located – having an office in the region allows us to really set down roots and become part of the retail real estate industry in this part of the world.”

About TORG

The Outlet Resource Group (TORG) is a global alliance of experts focused on the acquisition, management, marketing and leasing of outlet shopping centers in the United States, Latin America and Europe. The team has collectively over 250 years of outlet experience across over 65 outlet centers. TORG offers unique in-house marketing and leasing services through a fully integrated, customer-focused, value-adding team structure. TORG works with owners and developers to strategically reposition underperforming assets, maximize the performance of existing centers, develop new outlet center destinations and provide professional guidance on retail expansion. For more information, visit outletresource.com.

About Lizan Retail Advisors

Lizan Retail Advisors (LRA), is the leading advisory firm servicing the global retail real estate industry. LRA represent and advise retailers from different World regions on their international expansion strategies. LRA also helps developers on their international tenants sourcing needs. Jorge Lizan, the Founder and Managing Director of Lizan Retail Advisors (LRA), has helped retail companies develop their businesses internationally for over 20 years, he was the Vice President of Business Development for the International Council of Shopping Centers (ICSC) and is a well-respected international authority on the retail and shopping center industries.  For more information visit lizanretail.com.

 

For more information:

Lisa Wagner

+1 703 346 8098

lwagner@outletresource.com

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Mindy Wright