Recently there has been a new trend of retail brands that primarily cater to aficionados of fishing. This should not be surprising, as fishing rose in popularity during the pandemic as a stress-reducing outdoor activity. As the supply chain issues get more and more worrisome, and with inflation woes affecting the price of food, there More
There will be ample liquidity for retail financing throughout the second half of the year. Lender appetite has rebounded and sales and foot traffic are back to more normal levels. Watch for many lenders to shift focus to retail, as pricing and cap rates offer more NOI coverage than the other asset types. Grocery-anchored retail More
Ever since the pandemic’s temporary shutdown of indoor dining, the nation’s concept of going out to dinner has forever changed. Large restaurant brands that relied on packed dining rooms had to prioritize takeout orders instead. Even with dine-in capabilities back in full swing, these same restaurant brands have realized that a large portion of their More
Express car washes are buzzing with future growth prospects. These car washes are fully automated, and therefore do not require as much labor costs. Express car washes also provide guaranteed traffic to a shopping center site, and the majority of these brands offer monthly or annual membership packages; repeat visitors are an added plus for More
The national dialogue has increasingly been focused on improving equitable accessibility for all, especially with special measures that allow both minorities and women to benefit from unique prospects provided for them. Major U.S. malls have jumped on this bandwagon, and are pleased to introduce programs geared specifically toward helping these minority/female business owners gain access More
There has been a recent trend of shopping centers taking steps to specifically promote minority-owned retail brands. This trend is further amplified by the U.S. Treasury Department determining in December 2021 that it would earmark $8.7B specifically for minority-owned businesses looking to expand their retail footprint. With the ultimate goal of improving diversity in its More
Colliers released its U.S. Retail Market Statistics report for the first quarter of this year, and it is refreshing to see that retail leases appear to be back in full bloom on a grand scale in the country. The national retail vacancy rate dropped 10 basis points during the first quarter and stands at 4.5%. More
Comfort foods, especially pizza, have always performed well during periods of economic downturns or unrest, as customers gravitate to feel-good taste sensations when they are experiencing any sense of uncertainty. The pizza category also performed well during the era of COVID-19 closures, as pizza establishments already had an efficient mobile delivery/to-go ordering process in place. More
