Booming Real Estate Demand Has Landlords Pushing Out Retailers Like Zero Waste Daniel Out With Steep Rent Increases
August 4, 2023
Rising real estate demand is leading landlords to push out retailers, resulting in steep rent increases. For instance, Zero Waste Daniel founder, Daniel Silverstein, faced a significant rent increase on his 700-square-foot studio, prompting him to seek a new location. The booming real estate market and demand for quality spaces are making it challenging for retailers to find affordable and stable locations, leading some to explore lesser-known areas for their businesses.
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