Tags: Phillips Edison grocery anchored

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Second-Generation Space Takes Center Stage: From the Last Kmart to Record Grocery-Anchored Deals (October 2026)

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As U.S. store closings run roughly 44% below last year, dead big boxes and drugstores are being re-tenanted fast — Target in America’s last Kmart, O’Reilly in former Rite Aids — while institutional capital pays record prices for grocery-anchored retail.

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