Thursday, July 11, 2019

Retail Rents Are Rising Across the Board, But at a Glacial Pace

NREI
Despite continuing U.S. store closures, retail rental rates are trending slightly higher, and some argue that the overall retail sector is in relatively good shape.

“When you take all retail product types, the overall asking rents are going up,” says James Cook, Americas director of retail research with real estate services firm JLL. “That belies or goes against the popular narrative of the day.”. . . more