With fewer visitors to eat, shop and stay, and unemployment numbers in the double digits, Central Florida retailers are navigating uncharted waters and trying to stay afloat.
"We have shied away from projects that are four or five years in length just because we don't know where the economy will stand at the end of the project."
Investor activity in the net lease space has remained strong for necessity-based uses, publicly-traded companies with strong financial positions, and uses such as quick-service restaurants with drive-thrus.