As demand for Class A retail spaces grows, national chains are increasingly interested in smaller, premium locations to enhance their e-commerce strategies.

“For some reason, the retail spaces are moving quicker than anyplace else,” said Michael, who frequently works in Bucks County. “I do think there are places where small mom and pops have issues. As the smaller tenants are coming up for renewal, I’d think more landlords would talk about increasing the rent.” If they can’t pay, there’s now an opportunity to attract a national tenant that can afford higher rates and boost the value on a triple net lease because it will also come in with stronger credit.

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