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Mark Newman Newman says consumers will have the final say on how and why warring grocers will succeed.

DALLAS—Grocery-anchored centers continued to be an attractive property type for investors in 2017, with sales volumes increasing by 5.3%. The asset class remained stable amid a period of low retail transaction volumes. But after grocery store expansions went bananas in 2016, the industry took a minute to digest the following year. Openings of new grocery stores reached 13.4 million square feet of space, which is a decrease of 28.8% year-over-year, according to JLL’s grocery tracker 2018 report.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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