Published Articles
Axios – Deep Dive – Future of Retail: The store of the future is a supermarket
With their high volume foot traffic, grocery stores are ideal labs to test bold ideas meant to save brick and mortar retail.
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Apartment
NREI – High Level of New Construction Will Continue to Strain Apartment Demand in 2019
Developers will keep adding pressure on the apartment sector in 2019, with plans to open hundreds of thousands of new luxury units in 2019.
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Published Articles
Retail Dive – Mall vacancies and rents stabilize in Q4
American malls are demonstrating some stability after devastating levels of store closures from the likes of J.C. Penney, Sears and Toys R Us, thanks in part to slowing new development.
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Apartment
WSJ – Landlords Boosted Rents Last Year but Tenants May Soon Have the Edge
Landlords are expected to have a tough time raising rents this year as a crush of new apartments hits the market, ending a brief reprieve when the market picked up late last year.
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Published Articles
Newsday – LI retail vacancy rise has shopping centers looking for new & diverse tenants
Local malls and shopping centers are increasingly seeking to fill vacancies with tenants that aren’t susceptible to online competition.
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Published Articles
WSJ – Slowing Mall Rent Growth Poised for a Challenging 2019
Rental growth rates at U.S. malls and open-air shopping centers eased in the final quarter of 2018 and could slow further this year amid a difficult retail climate and signs of slower economic growth.
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Published Articles
CNBC – US mall vacancy rate backs off 7-year high but more closures from Sears & others on the way
While mall and shopping center owners appear to be holding their own at the moment, that could soon change, with another wave of closures expected in 2019.
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Published Articles
Reuters – U.S. retail vacancies rise marginally in fourth quarter: Reis
U.S. retail vacancies inched higher in the fourth quarter, underscoring how the retail sector has withstood many store closures across the country, real estate research firm Reis, Inc said in a report.
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Office
Reuters – U.S. office vacancy rate inches higher in fourth quarter: Reis
U.S. office vacancy rate rose to 16.7 percent in the fourth quarter from 16.4 percent a year earlier, according to real estate research firm Reis Inc.
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Apartment
CNBC – Demand for apartment rentals surges unexpectedly as home sales slump
Surging demand and strong occupancy in the nation’s apartment market is “surprising” experts who say the continued strength is “unexpected.”
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