Don't believe everything you read. If you do, you're likely to make the assumption that all of retail is a vast wasteland, that bankruptcies and defaults are the only order of the day and all a formerly vibrant shopping center is good for now is conversation to a fitness center.
Readers of this blog know better. As do readers of GlobeSt.com. In two recent articles, GlobeSt made it clear that retail investments (and for our purposes, net lease investment) can be a profitable thing. It's really a matter of where you look.
First, know what you're buying. As reporter Les Shaver revealed, Starbucks, for instance, is not only opening new stores (a whopping 22,000 in the next 10 years) but it is also experimenting with new formats, such as curbside pick-up, an obvious nod to the current social distancing necessity.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.