By LP Legal | October 4, 2023

One need only drive down their suburban main street to witness the evolution – or perhaps renaissance – of the ubiquitous strip mall.  Where there was once a PetSmart, there may now be a Bath & Body Works.  Family Video may have become Aldi, Abercrombie & Fitch may even arrive to provide your teens with a quick stop for some new jeans.

While much of the discussion surrounding the commercial real estate market has been focused on the lack of demand for urban office space, a surprising asset class has quietly become a darling of the industry – the strip mall…