TAGS: vending machine location, bulk vending, amusement machines, Wall Street Journal, commercial real estate, suburban office parks
A recent story in The Wall Street Journal reported that developers are looking to repurpose suburban office parks. With occupancy lagging, proactive developers are planning to turn the failing real estate into "urban style" complexes that will include apartments, retail stores, movie theaters, and small parks.
Several communities across the country have already approved plans for the innovative redevelopment. If proven successful, the concept could provide new homes for family entertainment centers, among other attractions.
This is not the first time developers have found innovative solutions for dormant properties. Late last year, several news sources reported that shopping malls are wooing chain and casual dining eateries as anchor businesses. However, the trend, called suburban renewal, is still in its formative stages. | SEE STORY