Wednesday, December 15, 2021

JLL: Demand for grocery-anchored centers highest in two decades

Last week during the RECon show in Las Vegas, global real estate services firm JLL issued a report showing that grocery-anchored neighborhood centers—despite acting as retail’s essential core during the height of the pandemic—had vacancy rates averaging 7.4% in the second quarter. That was higher than the mall sector’s 7.2% rate. . . . more