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The overall vacancy rate for Q3 is up 70 bps to 4.7%.
A pullback in consumption, unease from the bank system, and extraneous events are on the list.
For the first time in decades, the rent-to-income ratio has reached 40%.
"They take an investor who is willing to pay a little bit more than other people to break into a marketplace."
Renters carry an average household annual income of $123,400, or 27% above the US mean of $97,400.
CBRE analyst said there's pent-up activity that needs to clear.
Structural forces, including the leveling out of e-commerce, support a healthy retail sector outlook.
It's taking over 9.4 million square feet in Cincinnati, Kansas City, St. Louis, and Kenosha, Wis.
The National Retail Federation found that the average shrink rate in FY 2022 increased to 1.6%
Buyers need to be patient and very selective in their deals.