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"The marketplace sorts it out."
Several firms are already putting money on the line.
From first-party data to creating the best customer experience.
This is ‘mostly good news’ for landlords who need grocery anchor tenants.
Drug stores are trying to figure out the new model.
Also, the company shares its strategy when it comes to targeting assets.
"I think that just shows really strong consumer propensity to get out there and spend."
Much of the direct effect on CRE is from local regulation, but there are potential national impacts too.
Avison Young said that New York is at a 77 percent return to the office rate versus pre-pandemic levels.
The coffee chain's goal is to make the brand feel like it's a part of American's lifestyle.