The rise of necessity-based real estate: The hottest real estate investment trend for 2023
1 min read
Necessity-based commercial real estate (CRE) that addresses the primary needs of how consumers live, eat and shop has gained traction in recent years, especially since the pandemic.
Central to the success of necessity-based CRE is the focus on acquiring and developing spaces for communities that facilitate basic consumer essentials, such as grocery stores, goods and services, workforce housing and last-mile distribution centers. These types of properties are generally considered more recession resistant…
