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You’ve probably been hearing talk of the impending “retail apocalypse”. As long-standing retail chains fall by the wayside, retail center and strip mall landlords and investors are starting to get nervous. To listen to some people, you’d think that retail has all but bottomed out.
But you know not to buy into the hype.
A Changing Retail Investment Landscape
Yes, the retail investment landscape is changing, but that doesn’t mean it’s finished. In fact the retail investment landscape is undergoing a phase of rebirth – and restaurants are leading the way.
There is always going to be a demand for brick-and-mortar retail space. The trick is understanding how to meet that demand. Consumer priorities are changing and food, nightlife and entertainment are playing an increasingly important role in those changing tastes.
Where once there may have been only one restaurant concept per retail plaza or strip center, now you may find several operating successfully. And for the most part, this is happening right under investors’ noses. Retail investors and landlords who can recognize this changing landscape now can position themselves above competition.
About Our Guest
John Brewer is a Partner in Azor Brewer Restaurant Advisors. As the ‘South Florida Resturant Guy’, John has over 20 years’ experience in restaurant operations and management. Partnering with retail center expert, Beth Azor (Ep. 142), John lends his expertise in finding the perfect fit for restaurateurs and landlords.
If you would like to find out more about Azor Brewer Restaurant Advisors, visit their website. You can also contact John directly at 561-573-7333.