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An evolution is taking place in the retail sector today. Big box retailers are no longer in vogue with today’s active and experience-driven consumer, and the growth of e-commerce continues to spark a need for change throughout the retail landscape. Bankruptcies and store closures may be topping the headlines, but the sentiment in the sector remains cautiously optimistic, according to Real Capital Market’s May 2017 Retail Sentiment Report. For the May report, RCM surveyed its database of principals and brokers from across the country to gauge their sentiment on investing in today’s market, the greatest threats to the industry, the factors most influencing their acquisition decisions and where they see the greatest opportunities. Investors point towards anchored retail centers — particularly those with grocery tenants — as one of the greatest avenues for growth, with the category cited by more than 40 percent of investors. “Anchored centers, whether highlighted by a grocery store or another strong big box retailer, remain the category where the majority of investors see the greatest opportunity,” says Steve Shanahan, executive managing director of Real Capital Markets. “Though e-commerce is highly disruptive for so many businesses, grocery stores may be among the least vulnerable.” Shifting consumer buying habits were …

Airports by and large are jumping on the “shop local” bandwagon, offering more and more locally based dining options. Airports that infuse the local character into their design and restaurant and retail offerings will likely entice travelers to stop and spend their dollars. Chicago Midway International Airport is set to undergo a major renovation of its concessions and food offerings. In February, the city council approved the ordinance authorizing a concession redevelopment and management lease agreement with Midway Partnership LLC to redevelop, manage and operate the airport’s concessions program. The partnership is comprised of Vantage Airport Group, SSP America and Hudson Group. Meanwhile at Chicago O’Hare International Airport, passengers can enjoy three different terminal locations of Tortas Frontera, a Mexican restaurant under the leadership of local chef Rick Bayless. Both Condé Nast Traveler and Bon Appétit have named the eatery America’s best airport restaurant. In March, Chicago Mayor Rahm Emanuel proposed a plan that would allow food trucks, a staple for Chicago’s culinary scene, to set up on site at O’Hare and Midway airports. Current regulations regarding food truck locations would be modified under the proposal, according to local media reports. “The implementation of local venues is pretty much expected now. …