Home of the REB Top 100 Agents

Retail powerhouse takes on new role

By Orana Durney-Benson
30 August 2024 | 11 minute read
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Dallas Sears, South Australia’s foremost large format retail leasing agent, has been appointed to her next directorial role.

After 15 years with CBRE, Sears has been recruited as director of large format retail at McGees Property.

With 24 years of experience in the retail sector under her belt, Sears “has been the dominant operative in the South Australian market” over recent years, according to McGees Property director Craig Feely.

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“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,” he said.

For Sears, the dynamism and challenge of large format retail leasing remains deeply appealing.

“I’ve been engaged in various roles within the retail property sector for over 24 years and I continue to find it rewarding,” she said.

“Since my journey in the industry began in 2000, I have thrived on the dynamic atmosphere of working in retail properties – in shopping centres, homemaker and large format centres, and strip locations – and focusing on enhancing foot traffic and optimising tenancy mix.”

The psychology behind tenancy mix and consumer behaviour is particularly captivating for the retail veteran.

“I don’t just want to do a lease deal – I want to put the best tenant in the best location for them and the centre,” she said.

“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.”

Adelaide’s retail market has evolved substantially since Sears started out her career journey, but she believes the city’s future remains bright.

“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,” she said.

“We 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.”

“I’ll continue to do the work 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,” she stated.

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