How increases in technology, delivery are shaping the restaurant real estate world
Restaurant sales growth is higher than ever, growing by 6.3 percent in 2018 and totaling $738 billion across the nation, according to a new report from Los Angeles-based CBRE.
Restaurant sales continue to outpace total retail sales growth, with restaurants growing faster than all other brick-and-mortar retail combined. Restaurants are an attractive anchor for prospective landlords, and although restaurants are risky to operate, landlords are “increasingly structuring creative deals to capitalize…