National Real Estate Investor
Liz Wolf, Dec 13, 2018

High-quality, well-located grocery-anchored shopping centers continue to be a “darling” of investors and are still achieving strong pricing.

“The core product is still demanding a pretty strong premium and cap rates are holding up,” says Joseph McKeska, president/co-founder of Chicago-based Elkhorn Real Estate Partners, a division of New York-based A&G Realty Partners. Elkhorn provides advisory and investment services to grocery-anchored shopping center landlords.

These high-performing centers, anchored by top-tier grocers, appeal to investors because they draw customers to the center for daily needs and have proved more internet-resilient than other retail sectors. Read more.