The Rise of the Outparcel

Posted on July 17, 2019

Online shopping, mobile ordering and grocery-delivery platforms have created a demand for restaurants, retailers, grocers and other shopping-center tenants to add drive-up windows, drive-through lanes and dedicated pick-up parking spots. However, these conveniences require a broad range of operational changes, additional expenses and a narrow focus on specific types of real estate, including outparcels and end units. As brands look to evolve with consumer wants and needs, they should work with experienced real estate advisors who have a keen understanding of suburban markets and the flexibility available in certain outparcels.

With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email info@orionmiami.com.