Shifts in the fundamentals by property type have been observable over recent years, but some aspects of retail have held true through all the change.
Shopping in person and experiential retail are not going to disappear, at least not any time soon. People enjoy it, and it is more practical in many instances, as well as being genuinely necessary for certain services.
With the integration of online businesses helping to make many brick-and-mortar stores omnichannel centers for customers’ needs, physical retail has not only weathered the recent ecommerce surge but has come out of it stronger in many regards.
Choosing the best property type and location for investment is critical in today’s market, as not every retail building is going to attract full tenancy.
Read the full story, “Let’s ‘shop’ for success” by Lewis Dayton in the October 2024 issue of Institutional Real Estate Americas,