Retailers are performing very well — maybe as good as they've performed in the last 10, 15, 20 years – pretty much across the entire retail perspective, according to a news video released this week by Marcus & Millichap.
Daniel Taub, Senior Vice President/National Director – Retail and Net Lease Divisions, said it doesn't mean that there aren't issues, but overall, the sector and most industries within retail are performing very well.
Taub attributes that to virtually no net new development of any note, compared to prior to the great financial crisis in 2008-09, leaving a supply-demand issue.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
