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VIDEO: How To Survive The Changing Retail Landscape

For many in the commercial real estate industry, 2017 was the year of the “Retail Apocalypse."

The shuttering of numerous department store chains and the decline of suburban shopping malls caused experts to question the future of brick-and-mortar retail. The continued rise of e-commerce redefined shopping paradigms: Consumers now prefer experiences over items they can easily buy online.

Rather than accept their fate, property owners have an opportunity to reprogram retail spaces with stores and activities that draw shoppers into their centers and keep them there.

Bisnow partnered with KeyBank to discuss current retail trends and show how smart CRE professionals can adapt their retail properties to the current landscape.

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| KeyBank National

KeyBank Real Estate Capital is one of the nation’s leading, full-service providers of capital for commercial real estate and one of the nation’s largest and highest-rated commercial mortgage servicers. This article is designed to provide general information only and is not comprehensive nor is it tax or legal advice. If legal advice or other expert assistance is required, the service of a competent professional should be sought. KeyBank does not make any warranties regarding the results obtained from the use of this information. This may contain forward-looking statements, which involve risk and uncertainty. Actual results may differ significantly and speak only as of the date they are made or will be, and Key does not undertake any obligation to update the forward-looking statements to reflect the new information or future events. Key.com is a federally registered service mark of KeyCorp. KeyBank is Member FDIC. Credit and lease products are subject to credit approval and may be subject to collateral approval. Equal housing lender.

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