Terry Montesi’s Post

  The retail renaissance we’ve been talking about here at @Trademark Property Company is in full swing – retail owners and analysts said they expect to see more institutional capital flowing to the sector in 2024, especially amid expectations that the Fed will begin lowering rates. It’s important to note that very little new retail has been built over the last dozen years, increasing demand for space, which combined with the post-pandemic cooling of the office market, makes the future bright for retail development. Read more via @The Wall Street Journal: https://lnkd.in/g8HYpTci  

This is a great illustration from CBRE Retail that explains how/why there is a limited supply of retail available in the current market. While retailer demand has dropped off significantly due to cost inflation, rising construction costs and cost of capital, new retail is failing to be produced/developed to meet that demand which remains. It’s fair to say that we are currently in a “landlord’s market”, which will allow landlords to be more selective with their tenant mix and the deals/terms that they are willing to accept. #retail #marketinsights

Discover the latest insights on navigating the evolving retail landscape! Naveen Jaggi joined Tony Wilbert with CoStar Group at ICSC Las Vegas to discuss the pressing need for agility in securing prime store spaces. Don't miss out on essential strategies for retailers to thrive in a competitive market. Read more here: https://co.jll/4dSvSR8 #Retail #CommercialRealEstate #ICSC

🏋♂️ 𝗞𝗲𝘆 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗶𝗻 𝗥𝗲𝘁𝗮𝗶𝗹 🏋♂️ Fluctuating market conditions and rising interest rates are slowing down transactions, making it tougher for investors and developers to secure deals. Uncertainty surrounding elections further complicates matters. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗧𝗿𝗲𝗻𝗱𝘀 Despite this, multi-tenant retail sales are progressing, while interest in single-tenant buildings has slowed due to high interest rates. 𝗠𝗶𝘅𝗲𝗱-𝗨𝘀𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀: 𝗔 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗙𝗼𝗰𝘂𝘀 Strategic partnerships and innovative approaches are crucial to mitigate risk in this environment. Focusing on mixed-use developments to meet evolving consumer needs, repositioning centers from the 2000s to modern gathering spaces. 𝗧𝗵𝗲 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗗𝗮𝘁𝗮 𝗮𝗻𝗱 𝗧𝗮𝗹𝗲𝗻𝘁 Real-time data and talent acquisition are also highlighted as essential for navigating the retail landscape effectively. Read and watch to learn more! ⤵ ⤵ #Retail #RetailCRE #InterestRates #Strategy #MarketConditions https://lnkd.in/gJtcEtpq

What’s in store for Asia Pacific’s #retail sector this year? How has consumer sentiment evolved? CBRE’s Liz Hung highlights the 3 trends that will shape the retail landscape. Unlock more insights in our 2024 APAC Real Estate Market Outlook: https://cbre.co/3HDX9YH #CBREMarketOutlook

Major investment firms are revisiting retail properties, targeting recession-proof stores like groceries and pharmacies. 🏬 This renewed interest is a sign of retail's robust recovery, especially as remote work impacts office space demand. Is this a key opportunity for investors looking for stable, growing assets in a changing CRE market? Find out more from The Wall Street Journal in this read: 🔗 https://lnkd.in/gEnJH-hq #IntegrisVentures #RealEstateOperator #Retail #CRE #CommercialRealEstate

What’s in store for Asia Pacific’s #retail sector this year? How has consumer sentiment evolved? CBRE’s Liz Hung highlights the 3 trends that will shape the retail landscape. Unlock more insights in our 2024 APAC Real Estate Market Outlook: https://cbre.co/3TQTFId #CBREInsights #CBREMarketOutlook

Unlock Insights from Portland’s Retail Market: What to Know Going into Q4 2024 Curious about the latest retail trends in Portland? Our Q3 2024 report is filled with valuable insights designed to help investors, landlords, and tenants succeed in this evolving market. 📊 Market Overview: Key trends impacting retail space demand in Portland Metro. 🏬 Vacancy Rates: What falling vacancies mean for retail opportunities. 📈 Future Outlook: Expert predictions for 2024 and beyond. 👉 Ready to dive deeper? Download the full report here: https://ow.ly/QPV050TRIxa #PortlandMarket #PortlandRetail

Retail Retains Status as the Least Vacant Property Sector as Strong Fundamentals and Consumer Resiliency Help Brace Against Potential Headwinds Key Features Include: •Analysis of consumer spending and property dynamics that will support the backfilling of recently vacated space •Identification of specific retailers’ near-term expansion plans •Breakdown of single- and multi-tenant fundamentals by property type •Investment outlook and discussion of financing availability #Retail #CRE #CommercialRealEstate  #ConsumerSpending #PropertyInvestment #RetailMarket #RealEstateTrends

Glad to see Colliers’ research showcased in this recent article from GlobeSt.com. There is growing attention on the retail asset class due to strong fundamentals, including low vacancies, limited new development, and rising rents, leading to higher going-in cap rates. https://bit.ly/3U3TIlx.