Portland’s Food Carts: Real Estate Implications of a Culinary Phenomena
Property managers and real estate developers should take note of recent trends in food carts as part of the retail real estate market, writes April Chastain of Leland Consulting Group in the 2nd Quarter 2010 issue of the PSU Real Estate Quarterly. “Food carts” are increasingly clustering together in pods in Portland’s trendier neighborhoods, which essentially function as outdoor food courts and create lively community gathering spaces. Food carts offer real estate and culinary entrepreneurs an affordable alternative to brick and mortar restaurants, since they require less start-up capital, while allowing for tremendous experimentation and creativity. Click
