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Into the Great Wide Open: Why open-air centers are one of CRE’s shining stars

The Weekly Take from CBRE

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The Importance of Risk Adjusted Return

In 2014, 2015, 2016, and a little bit in 2017, we acquired over half a billion dollars of what I would call classic power center. We've done a lot of things that probably one day might be called retail, but they are not. The interesting thing is looking at the backfills on the non-traditional tenant, veterinary clinics, pickleball operators, trampoline parks. These are real tenants and they're ready to pay rent and move into these places.

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