Food Halls, a Hot Real-Estate Investment, Conquer the Suburbs

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Explosion of variety-filled, modern food courts follows pandemic’s city exodus

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https://www.wsj.com/real-estate/commercial/food-halls-a-hot-real-estate-investment-conquer-the-suburbs-d89f3608 In contrast to food courts in highway rest stops or older shopping malls, food halls favor local restaurateurs, craft beer and modern décor.Food halls, once a staple primarily of big cities, are rapidly multiplying in the suburbs as developers aim to capitalize on

These collections of small restaurants typically have shared seating and offer a variety of gourmet and ethnically diverse cuisines. They target customers who are willing to spend $15 on an artisanal sandwich or want a meal from West Africa or one inspired by Asian open-air markets. This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

 

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