The traditional retail industry, and the real-estate operations that provide space for it, are not, for the most part, doing too well these days. Billions of dollars that would once–not long ago–have been purchased in a local physical space are now purchased online and shipped from a warehouse that may be hundreds or thousands of miles away. Many services, too, that would formerly have been obtained in a local location are now obtained online…travel agencies, for example, have been largely supplanted by online services.
So, here’s a question to think about: What kinds of businesses are likely to continue to require local presence, and perhaps even to increase in their local presence needs?
And what kind of businesses are currently major users of local space, but are likely to need a lot less in the future?
An example in the first category would surely be restaurants/bars.
An example in the second category would be, IMO, branch banks.