Once you've decided to invest in commercial real estate, the next big question follows: do you go for the large and famous malls or try out local shopping plazas? Large and famous malls have the obvious appeals of being well-known and having favourable tenants. However, most of Canada's largest commercial properties are tied up by super-sized funds and are restricted by availability. Small retail centres on the other hand tend to draw in more local tenants, allowing them to follow shopping trends quickly. And while they require less financial commitment than mega malls, they still have strong equity growth potential, yield growth and long-term performance. In the end, Canadian real estate investors should feel extremely confident in their retail acquisitions, regardless of their decision. Both mega malls and local shopping centres are sound, secure options.