2017 First Quarter 2017: What’s Up With Retail?
Quarter after quarter, we send our friends these “State of the Market” updates professing the vitality of the current commercial real estate market. We see an abundance of urban mixed-use projects, speculative warehouses, and more apartment buildings than even Don Kenny could have imagined. All of this with no whispers of glut, surplus or oversupply. Clearly, our consumer based economy, which relies on retail sales and consumer spending for a whopping 70% of GDP, is firing on all cylinders. But what’s up with retail? Already this year, we have seen…Read More