Tenant mixes have changed dramatically in retail, and today, the tenant mix has become more important than ever. Now, there are fewer big box leases and more fast-casual restaurants signing new leases. These trends have emerged since the Great Recession, and will continue to dominate the retail market in the year ahead. We sat down with Gary Glick, head of Cox, Castle & Nicholson LLP’s Retail Practice Group, to talk about retail leasing trends and how the market has changed.
Big Box Retailers Are Out
Cox, Castle & Nicholson’s Gary Glick rarely sees big box leases anymore as a new category of fast casual restaurants dominates retail leasing.
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