Because I was not raised in the shopping center industry and had no background in real estate, my approach to this business has been a bit different from most. When viewed from an “outsider’s” perspective—a customer’s vantage point—we are able to imagine and provide what our families desire when they shop, dine, and relax.

Our endeavor begins by involving the community members who will become our neighbors. If the community participates in the process from the very beginning, they take ownership and pride in our center and contribute to our success. Frankly, it’s that simple. Also, I believe in surrounding myself with extremely talented people; every member of our team is exceptional. Because of their unique talents and commitment, I trust them to understand the needs of our retailers, fulfill the desires of the community, and create a masterpiece for all to enjoy.

Our design portfolio has always set the highest standards of sophistication, functionality, and creativity, and we will continue to do so. With every project we continue to raise the industry bar, challenging our team to redefine the possibilities of a community’s town shopping center.

We have continually proven the profitability of this formula. Our tenants consistently achieve their strongest national sales in Caruso Affiliated developments. When our tenants are successful, we are successful, making our return on investment substantially higher than industry standards. This approach brings steady and consistent growth. We are fortunate to have two customers: our guests and our tenants. Our primary focus is to provide both with an extraordinary experience.

We create “centers of town” that are beautiful, safe, and exciting neighborhood centers, where friends and families can gather, shop, dine, and enjoy spending time together. I believe in the importance of community, and I am proud that our endeavors are a reflection of those beliefs.

Rick J. Caruso
Chief Executive Officer
Caruso Affiliated