Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Mark Baziak recently completed a lease transaction with grocer Vallarta.

Grocery tenants have become the holy grail for retail owners, but with rapid expansion from several small grocers and some small brands shuttering in recent years, vetting grocery tenants has become an artistry. Brokers are looking at target audiences now more than ever before to ensure the store is a good fit for the center and the neighborhood. Still, grocery tenants remain the preferred anchor for shopping centers and there is plenty of tenant demand to go around. Mark Baziak, senior managing director at Newmark Knight Frank, gives us some insight into the leasing activity for these tenants, which ones are seeing healthy growth and how he is vetting grocery tenants to make sure they prosper in the shopping center.

Kelsi Maree Borland


Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.