Nov 14 2011

Restaurant Re-use

From CCIM:

Most owners of retail properties have restaurant tenants. Whether they are located on an end cap, inline, or on a free-standing outparcel, these restaurants make up an integral component of the retail investment landscape. Savvy property owners recognize that restaurant tenants and transactions require special attention and consideration — at times quite different from other, more-traditional shop spaces.

This notion is nothing new; however, several factors, including recent economic challenges and changes in consumer behavior and tastes, are forcing landlords to once again reinvent and reposition their properties due to unexpected vacancies.

via Restaurant Re-use | CCIM Institute.

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