Key Takeaways: The internet has significantly impacted commercial real estate (CRE), particularly retail properties. E-commerce giants have shuttered countless brick-and-mortar stores, forcing retail property owners to adapt. One of the most promising CRE investment strategies is to shift focus towards tenants offering services rather than products. Those strategies are seeing payoffs according to Fortune: “The vast majority of tenant demand formation is flowing into freestanding properties and neighborhood centers, but all segments recorded growth in 2023.” What are Service-Oriented Retail Centers? The International Council of Shopping Centers (ICSC) categorizes them by size and offerings, including malls, neighborhood centers, and power…