Wednesday, June 12, 2019

11 predictions for retail real estate’s best friend: grocery

Chain Store Age
Though grocery sales rarely peak high in times of retail growth, they rarely dip in times of retail decline.

That’s why so many retailers want to snuggle up next to supermarkets in shopping centers, says a new report from CBRE.

Grocery-anchored strip or neighborhood centers have suffered fewer vacancies than power centers and malls and currently boast the highest occupancy of all shopping center types nationally, according to CBRE.. . . more