The Impact of Dining and Discount Tenants
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Loughran: “Fast casual is a benefit to just about every tenant mix because it brings consumers in for a shorter period of time so there’s parking-space turnover.”
ORANGE COUNTY, CA—Consumers’ penchant for fast-casual restaurants and discount stores has varying impacts on grocery-anchored centers, Westwood Financial Corp.’s SVP of asset management Ken Loughran tells GlobeSt.com. We spoke exclusively with Loughran about these two emerging trends in retail and how they are affecting shopping centers.
GlobeSt.com: How is consumers’ ongoing love affair with—and resulting demand for—fast-casual restaurants impacting shopping-center owners’ tenant mix as we end the year and head into 2016?….
