Why Open-Air Retail Is a Solid Investment
The ease with which consumers can log on and get all their shopping done without ever leaving home has worried retail real estate investors for years. Would consumers eventually decide shopping in person was a waste of time and energy and shop exclusively online? The idea that the end of physical retail was slowly playing out before our eyes even became known, rather dramatically, as the retail apocalypse.
Then, the pandemic happened. And even those who still enjoyed shopping in person felt safer making purchases from their laptops. Thousands of retail stores closed their doors for good as a result. And suddenly, the retail apocalypse felt more real than ever before.
Let's survey the damage, look at where physical retail stands right now, and explore the role open-air retail spaces are playing in the recovery of this real estate sector.
Source Fool.com
