How Investors + Developers Pivot to Accommodate Shifting Retail Trends
It’s a simple truth: The retail market and business changes more than any other property type. In “How Retail is Shifting: A Focus on Malls,” I delved into the changes happening to retail malls. Continuing that idea, let’s take a look at other trends impacting retail real estate and consider how developers and investors are pivoting to take advantage of these trends. Current Trends Impacting Retail Real Estate Bank + Drug Store consolidation and shift to online services High-Density Residential Development in urban + close-in suburban areas Cultural demand for broader Entertainment Experience + Personal Service Continued popularity of Dining Out + Prepared Foods Growth of unregulated services, such as Uber Growth of Amazon, including its new private-label brand initiative With these trends in mind, the retail industry’s developers, property owners and retailers must adjust their thinking. Here’s a few ways that’s happening: Ways Retail Industry Leaders Pivot Addition of
