InvenTrust Properties Prepares for the Grocery Store of the Future

July 22, 2019 | Nareit

Thomas McGuinness, president and CEO of InvenTrust Properties, joined Nareit in New York for a video interview at REITweek: 2019 Investor Conference.

McGuinness said he expects the grocery business to evolve more in the next five years than it has over the past 15 to 20 years.

“We always want to have the number one or number two grocery operator in each one of the markets [we’re in] because there’s going to be capital needed for the grocery store of the future,” McGuinness said.

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