Retail

However, one new concept appears to be working in the industry.

Almost every major retail category saw improvement.

Ruling affirming lower rent when anchor tenants leave will reverberate in epidemic of store closings.

Absorption was negative while vacancy dipped by 20 basis points.

Attractions include immersive venues, VR playgrounds, and TikTok creators hawking goods.

JLL also projects "healthy tenant and robust investor appetite."

However, things are expected to at least improve.

Also, vacancy at the end of the year fell significantly to 4.2 percent.