Investing in Convenience: The Rise of Unanchored Centers - Where We Buy #307
Ryan Moore, founder and CEO of Last Mile Investments talks about the growing trend of investing in unanchored retail centers. He explains the unique value proposition of these properties, emphasizing their location in high-traffic areas and their appeal to services like medical, dental, and food and beverage businesses. He also details Last Mile's strategy, focusing on the Sunbelt and Midwest markets. The conversation touches on the evolving retail landscape, the impact of digital ordering, and the company's meticulous approach to managing and expanding their portfolio of unanchored centers.
James Cook is the Director of Retail Research in the Americas for JLL.
Keisha Virtue is a Senior Research Analyst for JLL.
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Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.
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