Latest trend for commercial real estate is the fulfillment of vacant big box spaces throughout the country. With expanding retailers and new concept tenants we are no longer seeing massive disparities. Creative concepts such as entertainment, trampoline centers, bouncing fun centers and out of the box physical activity concepts are filling up spaces as well as your nonretail medical and day-care centers.
While the traditional retailers like Marshalls, T.J.Maxx, and Homegoods have been the main tenants, new chains like fitness centers, groceries stores and Hobby Lobby have taken up the larger spaces as well.
It has been a very positive transition from a few years ago where the high vacancy rates were hit due to the recession. It seems to be the new segment to be on the watch for as the demand for big box spaces are on the rise.