LAS VEGAS—GlobeSt.com was in attendance at the ICSC Here, We Go–2021 national conference where JLL hosted a happy hour and also released its retail recovery 2021 report. Not surprisingly, the report found that March 2020 brought the greatest upheaval to the retail industry with many non-essential retailers losing significant revenue. More than a year-and-a-half later, with vaccines and a greater understanding of COVID transmission, the firm takes a look at how retail fundamentals have been steadily improving. Here is what it found.
Retailers Eye the Sunbelt and the Suburbs
The pandemic brought forth a migration to less-crowded markets with lower costs of living, a shift from urban metros into suburban neighborhoods, which can be seen through rent and vacancy performance, the report says.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
