The Re-Emerging Multi-Tenant Market

Multi-tenant shopping centers are gaining favor with investors. British entrepreneur and adventurer Sir Richard Branson, head of Virgin Group Ltd., said, “Every success story is a tale of constant adaption, revision and change.” Certainly, as retailers grappled with the impact

Experiential Retail Adjusts for a Post-COVID Comeback

Shopping center owners thought the solution to combat online shopping was so crystal clear. Give them experiences. Provide social spaces. Make interaction the focal point. And this worked…for a while.  Entertainment and food and beverage operators soon absorbed the spaces

Net Lease: Commercial Real Estate’s Shining Star

The net lease sector has seen a year like no other commercial real estate sector. Despite a once-in-a-millennium pandemic, the sector is riding a two-year high on fundamentals that have only strengthened over the past year.  While many sectors in

New York City Retail Market Embraces Change On The Fly

Retail and restaurant re-openings this fall gave a modest boost to the New York City retail market in the third quarter. But even with the easing of some operational restrictions, business activity remains diminished in a city known for its

Pent-Up Demand Grows For Experiential Retail

The COVID-19 pandemic has put a dent in dining and entertainment activity. There is, however, light at the end of the tunnel with vaccinations beginning in the near future. To that end, retailers and restaurants that have survived the public

Edible Adapts to Pandemic With Omnichannel Platform

When the pandemic hit, Edible was ready. It already had a dedicated delivery model, made possible by a robust fleet of refrigerated trucks; it had multiple omnichannel platforms customers could use to interact with the brand; its fruit arrangements and

Ghost Kitchens, Dedicated Takeout Spaces Emerge During Pandemic

Over the past five years, the many major MSAs have seen tremendous growth and diversification within the food and beverage space. But the onset of COVID-19 has cut into consumers’ disposable incomes, essentially shrinking the customer base and creating another

Philadelphia Retail Sees Expansion Amid Recovery

What a difference a year makes. Around this time in 2019, the Philadelphia retail market was experiencing something of a Renaissance. Driven by forward-thinking projects in chic neighborhoods, such as Fashion District Philadelphia, as well as the delivery of new