2min chapter

The Weekly Take from CBRE cover image

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

The Weekly Take from CBRE

CHAPTER

The Power of the Grocery Store

Is the grocery store now that primary driver or is something else Adam? I think it's both. Look, grocery obviously has had a great run here, incredible run. And grocery in a lot of different formats. Traditional grocery has done great since particularly since the start of COVID. Combo big box grocery. All of those are working, right? They're really resonating. The combination of assortment, convenience, price with the consumer is really working. Then you have the whole little grocery outlet, Aldi phenomenon. That's resonating certainly in working class markets and dense working class markets. Again, it's being driven by speed to convenience.

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