Commercial real estate professionals are very optimistic about the future of retail. There is a strong demand from both investors and tenants for quality retail spaces, while franchise tenants are active and corporate tenants are expanding. Sectors like wellness, fitness and healthcare are promising for future growth and particularly active for retail.
Excerpts from the Article:From specialty fitness, farm-to-table food, and healthy quick service restaurants, to medical uses in retail space, the market will continue to support health and wellness retailers. This trend will continue for the foreseeable future due to the depth of the aging population in the US.
Citation and link:
Dolce, Natalie. “Retail is back, and the market is ready.” Globest. Daily News., 30 Sept. 2014. Web 1 Oct. 2014.