Top franchisors—and their franchisees—are watching these real estate trends. Here’s why.

Real estate can make or break a retail business. That’s why Great Clips relies on leaders like Nate Ohme, our Director of Real Estate, to keep a close eye on the market—and help franchisees find the right locations for their walk-in hair salons.

Earlier this year, Nate attended ICSC Las Vegas, the largest retail real estate conference in the U.S. sponsored by the International Council of Shopping Centers, where he met with landlords, brokers, and developers from across the U.S. and Canada. His takeaways? Optimism is high, demand is strong, and Great Clips continues to be a brand landlords want in their centers

Nate Ohme, Director of Real Estate, Great Clips, Inc.

The energy at this year’s ICSC Las Vegas conference was high—and so was the optimism. Retail landlords are reporting high occupancy, steady leasing activity, and continued demand from tenants. Here are a few takeaways that stood out:

• Industry Sentiment: Strong and Confident

Landlords are enjoying near-record occupancy rates—98% in many cases—and are actively investing in retail. Some are shifting capital from office and multifamily assets into retail centers. Yes, tariffs and rising construction costs are in play, but most landlords are taking a long view and aren’t letting those concerns stall momentum. That said, developers with experience are closely watching long-term rent and construction sustainability.

• Leasing Activity: High Demand in Hot Markets

Leasing activity is strong in markets like Arizona, Colorado, Utah, Texas, and the Southeast. Smaller-footprint users like personal care and fitness tenants are particularly active. Importantly, tenant demand remains high despite cost pressures.

• Development Trends: Remodeling Over Building

Most developers are focused on remodeling and redeveloping existing centers, with fewer ground-up projects. Grocery-anchored sites—especially with Publix, Aldi, Sprouts, and Kroger—are driving adjacent retail growth

• How Great Clips is Viewed: A-List Status

Across the board, landlords see Great Clips as reliable, easy to work with, and a top-tier tenant in our category. Multiple REITs and developers mentioned we’re their go-to call when a 1,000 to 1,200 square foot space opens up. That reputation is a big advantage, and one we continue to build through solid relationships and professional execution.

• Final Take

Secondary markets are heating up, and landlords came to ICSC better prepared than ever. They knew our footprint, brought quality site options, and want to do business. Yes, costs are high—but the momentum is real. Now’s a good time to grow, and Great Clips is well-positioned to keep leading.

If you’re curious about what it’s like to be a Great Clips franchisee—and how the corporate team supports you in building your business (literally and figuratively!)—give me a call. I’d love to chat.

Beth Nilssen

Director of Franchise Development | Great Clips, Inc.
800-947-1143 | franchise@greatclips.com