The quick service restaurant industry (QSR) has undergone a significant transition due to the pandemic. Restaurants today are finding they can remain viable by adapting to the changing consumer behaviors and preferences with technology, sustainability, and authenticity.
Coldwell Banker Commercial's 2024 Spring CRE Trend Report, focused on the quick service restaurant industry, found that the post-pandemic era had a dramatic effect on QSR real estate in two ways: where they locate and where they locate within a property.
For example, they no longer have as much emphasis on taking advantage of urban density — places for commuters to pick up a coffee or breakfast before work, and lunch or drinks after work in the heart of the city.
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