According to the CCIM Institutes May|June 2015 Issue, retail expansion that was considered to be growing at a “sedate” pace nationwide appears upon a closer regional inspection to be at “full force,” especially in the Midwest. The consequence is that inventories are low and rents are increasing. Rent increases are linked, in part, to higher building costs.
In 2014, they report, growth by the largest Restaurant chains was up by 2.2%.
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ne of the cities highlighted is Lincoln, Nebraska. They’ve seen a particular boom in growth since Pinnacle Bank Arena opened there in 2013. “When we opened that arena, it really put us on the map nationally, and we started getting a lot of attention,” says Robin Eschliman, CCIM, president of Eschliman Commercial Real Estate in Lincoln. The arena also has sparked ancillary development, including restaurants and two hotels, as well as condos and apartments. To read more about these Commercial Retail trends and others please view the link below.