Retail

The retail, industrial, and multifamily sectors could see gains from holiday spending.

Luxury brands and other retailers are competing for the same optimum locations.

The category is one of the ‘most consistently strong players’ in retail, according to Placer.ai.

Results for online and brick-and-mortar retailers, however, were mixed.

The building served as the former headquarters of Pepsi-Cola.

As consumers shift to online shopping, power and lifestyle centers adapt by retrofitting and diversifying tenant mixes to drive foot traffic.

Starbucks, Take 5 Oil Change, 7 Brew, Wawa are just a few examples.

The shift reduces return costs and increases foot traffic and in-store sales.