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As many brick-and-mortar stores continue to close, real estate agents are now offering marquee sites, formerly used by major shopping centers, to restaurants. Companies like Starbucks have taken notice&nbsp;and are planning to open more destination-oriented&nbsp;Roastery and Reserve stores. According to <a href="http://www.nrn.com/operations/real-estate-prices-continue-march-upward?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-real-estate-prices-continue-march-upward-2706365" target="_blank" rel="nofollow" target="_blank">Nation&#39;s Restaurant News</a>, this destination mindset this is a common trend.

&ldquo;Brick-and-mortar will not go away, but it is certain to continue to evolve &mdash; often rapidly,&rdquo; shared Chris Briggs, senior vice president at Buxton. &ldquo;Keep nimble and quick to strike on opportunities and mitigate threats as they emerge. Know your customer and keep that knowledge contemporary and close at hand always.&rdquo;

Malls are evolving in order to market themselves&nbsp;as destination and lifestyle&nbsp;centers in an effort to recruit the highest quality stores and restaurants. There is a lot of inventory available right now, but the competition for&nbsp;mid-market to higher-end retail space remains high. If a franchise is able to land one of these sought-after locations, they can plan on spending seven&nbsp;to eight&nbsp;percent of sales on rent.&nbsp;

<a href="http://www.nrn.com/operations/real-estate-prices-continue-march-upward?utm_source=1851franchise.com&utm_medium=article&utm_campaign=nations-restaurant-news-real-estate-prices-continue-march-upward-2706365" target="_blank" rel="nofollow" target="_blank">Click here</a> for the full story.&nbsp;

Nation's Restaurant News: Real estate prices continue march upward

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Franchises looking for prime real estate will have to pay a hefty fee. 

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Nation's Restaurant News: Real estate prices continue march upward

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