‘Not Just The Sum Of The Parts’: Philly Retail Embraces DNA Over NOI

  • 11. 12. 2023
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Ground-floor retail serves as something like the open front door of a mixed-use project, telling the story of what is happening above and behind it, just out of sight.

But telling that story well now takes more than rounding up a ragtag group of disparate tenants willing to pay the highest rents, panelists at Bisnow’s Philly Restaurant, Retail and Mixed-Use Summit said. In a harsher economic environment for developers, landlords and tenants alike, it means curating the right mix of tenants, creating synergies between them and embracing the mantra of “DNA over NOI.”

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