For the first time in over two decades, the four most important metrics for retail real estate are growing and blowing past their all-time highs: Traffic, Tenant Sales, Rent, and Occupancy. It’s simply extraordinary, and it’ happening in the only commercial real estate product type where you can achieve positive leverage.

Amidst the pressing trends and the frenzied nature of retail, open-air centers are great dirt. They are located exactly where traditional and emerging retailers and service providers want to be – in the backyard of the consumer.

Consumers and the Retailers that serve them are uniting in a common place: The Open-Air Suburban Shopping Center.

Open-air retail delivers an environment that caters to consumer lifestyles. With the rise of experiential shopping and outdoor leisure activities, open-air retail provides a unique opportunity for retailers to form genuine, lasting connections with customers.

Headlines and industry data will tell you about rising construction costs, the fact there is no new construction on the horizon, and that suburban growth remains strong. It’s driving record-breaking tenancy. Retailers need to move fast – or miss out.