Brokers: COVID real estate market can be opportunity for franchise growth

By Corina Vanek | Phoenix Business Journal

The Covid-19 pandemic and resulting closures have had far-reaching effects on restaurant and retail real estate, as some companies have had to vacate locations or landlords have had to decrease rent to fill a space.

For well-capitalized retailers, especially franchises, the pandemic has presented an opportunity to get into locations that previously were too full or too expensive, industry observers say.

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