Tuesday, June 12, 2018

Retail Center Owners Look to Hotels to Bring New Life to Vacant Big-Box Spaces

NREI
Owners and operators of hotels and retail centers are increasingly partnering up in an effort to help drive traffic to retail properties and create more pedestrian-friendly developments.

It’s a trend that has arisen amid continuing headwinds facing retail real estate, a sector that has long seen challenges from the growth of e-commerce and changing consumer behaviors. . . . more