Friday, August 18, 2017

Retail Real Estate Trends 2017, Part 3: Sliding Fundamentals

Image result for retail space for leaseThe outlooks for both occupancy rates and rents eroded considerably in this year’s survey compared to the past two years.

Overall, 46.0 percent anticipate no change in regional occupancies over the next 12 months, while 22.3 percent expect occupancy rates to increase. (The percentage of respondents expecting occupancy rates to fall jumped up from 15.9 percent in 2016 and 8.9 percent in 2015). In addition, 31.7 percent expect occupancy rates to rise, a marked decline from the 41.2 percent who expected occupancies to rise in 2016 and 55.3 percent who said so in 2015.. . . more

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