A wave of bankruptcies and closures in the retail sector will give way to a brighter future as other brands across industries look to expand, an analysis by Northmarq predicts.

Significant vacancies are expected both in the net lease retail and shopping center markets as tenants including Big Lots, Party City, CVS Pharmacy and Walgreens shutter locations. Some of the storefronts could remain vacant for the foreseeable future, said Northmarq.

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National
Net Lease
Retail
Northeast