Phillips Edison & Company released its top anticipated shopping center retail trends for 2025, highlighting the continued resilience and adaptability of the retail sector. President Bob Myers noted strong demand from growing retailers for space within grocery-anchored neighborhood shopping centers, emphasizing the strength of necessity-based goods and services.
The company's insights point to several positive macroeconomic trends that are expected to create tailwinds for PECO's portfolio. These include a resilient consumer base, ongoing population shifts favoring suburban neighborhoods, and the increasing importance of physical locations for last-mile delivery services.
These demand factors are further amplified by a decade of limited new shopping center supply, which is expected to continue as current economic returns do not justify new construction. This scarcity intensifies demand for PECO's well-located, existing properties, supporting sustained leasing activity and rent growth.
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