Michael Pollack looks at retail struggles of 2020 and what lies ahead

(Disclosure: Rose Law Group represents Michael Pollack.)

By Steve Burks | AZ Big Media

The past year has been a struggle for many industries, but no industry was affected more by the COVID-19 pandemic than the retail industry. To get a better view of what the retail market in the Greater Phoenix market endured during 2020 and what lies ahead for those in the retail sector, AZ Big Media reached out to Michael A. Pollack, founder of one of the largest independently owned and operated commercial real estate investment companies in the state and a veteran of 47 years in this volatile industry. Pollack, president and CEO of Michael A. Pollack Real Estate Investments, provides a glimpse at how he approached the changing demands of his tenants and property users, and how he helped them endure the past year and what he feels will help lead the way to a strong recovery in 2021 and beyond.

Real estate entrepreneur Michael Pollack is a commercial real estate industry entrepreneur with   47 years of experience.

Michael A. Pollack: COVID-19 has had an unprecedented impact on CRE, with lockdowns effectively shutting down entire sectors leaving many in unemployment lines across the country. With a volatile political fourth quarter following an extremely upsetting first half of the year caused by the Coronavirus many businesses were caught without a canoe in the downpour of rioting and shutdowns that devastated many family-owned small businesses, and even larger well-established businesses throughout the year. 


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