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Daily Needs Is Not Only Grocery Stores

Banks also fall into the daily needs category, but they require a different strategy and footprint, GlobeSt.com reports in this EXCLUSIVE story.

By Kelsi Maree Borland | kelsimareeborland | Updated on October 16, 2017

Kyle Gulock Kyle Gulock

Daily-needs retail is still dominating retail investment activity, but it isn’t exclusive to grocery and pharmacy neighborhood centers. Banks also fit the daily needs bill, but they require a slightly different strategy. Still, demand for bank-anchored shopping centers is increasing. We sat down with Kyle Gulock, managing director of the bank property group at Charles Dunn Co., for an exclusive interview about bank real estate investment.

GlobeSt.com: Daily-needs retail is dominating the retail investment market. Do banks typically fall into this category? What is investor demand like?

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