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The Future of Neighborhood Centers

Expect grocery stores to remain the focal point for shopping-center development, but how these grocery stores fight to remain competitive will be the difference maker, Coreland’s Ben Terry tells GlobeSt.com.

Ben Terry Terry: “Like it or not, Amazon continues to push retailers to stay relevant.”

TUSTIN, CA—Expect grocery stores to remain the focal point for shopping-center development, but how these grocery stores fight to remain competitive will be the difference maker for the future of neighborhood centers, Coreland Cos. VP Ben Terry tells GlobeSt.com. Neighborhood centers are a focal point for the firm, so we sat down with Terry to discuss where this segment of the retail sector is headed and where it fits in with current retail development.

GlobeSt.com: What does the future hold for neighborhood centers, its tenants and its customers?

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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