Warehouse labor availability and costs is one of the major risks in the logistics market, and the potential for unionization adds more pressure to the market.
The vaccine distribution, low interest rates and pent-up consumer demand all create a compelling reason to expect rapid recovery for shopping centers this year.
In 2020, single-tenant net lease retail cap rates compressed to record levels, and Hanley Investment Group's Ed Hanley expects the trend to continue this year.
The pandemic isn't stopping retail brokerage firm Hanley Investment Group, which a total sales volume in excess of $703 million, one of the highest in the company's history.