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So much for the idea of real estate availability.
This week’s episode of the Restaurant Business podcast “A Deeper Dive” features Barry Wolfe, senior managing director of investments with Marcus & Millichap, who talks about the real estate market in the aftermath of the pandemic.
That market is hot. Wolfe works with investors, franchisees and retailers on real estate issues and he’s been busy. Very busy. Companies are looking to expand coming out of the pandemic, especially as their sales have been strong and financing, apparently, is readily available.
Wolfe discusses why it’s hot so quickly, what kind of sites are in the most demand, and what companies can do to find good locations. He also talks about what kinds of locations can be had for lower prices.