Retail

the 2024 report image CPE retail

What’s Ahead for Retail in 2024?

Here are the trends that shaped the sector in 2023, plus experts’ predictions for this year.

Lisa Pendergast of CREFC

Why CREFC Survey Says Things Are Looking Up

Optimism takes a record jump in the organization’s latest poll, but sector-specific concerns remain.

Given its location, the Monroe Street Portfolio received major investor interest. Image courtesy of JLL Capital Markets

Triple BAR Group Buys Retail Portfolio

Anchors at the Ohio shopping centers include Target and Marshalls.

Oak Park Commons is within a prominent and affluent suburban area. Image courtesy of Mid-America Real Estate Corp.

Time Equities JV Buys Kansas City Shopping Center

DRA Advisors sold the suburban property.

Avison Young Buys More Madison Marquette Businesses

This time, the acquisition includes specialty leasing and retail property management.

Cane Cos. Management purchased Creekside Town Center in Roseville, Calif.

200 KSF Retail Project Obtains Loan in SoCal

Wood Investment’s new development is more than 90 percent preleased.

Image by MicroStockHub/iStockphoto.com

2024 CRE Forecast: Is an Investment Comeback Ahead?

Expect a development slowdown, but some encouraging signs are beginning to rise from the capital markets.

Northborough Crossing

Kimco Wraps Up $2B Purchase of RPT Realty

This transaction adds more than 13 million square feet to the REIT’s portfolio.

Grand Union Supermarket at Freedom Plaza, Rome, N.Y.,

DRA Advisors Sells Grocery-Anchored Shopping Center

This transaction marks the buyer’s entry into the New York market.

Richard Barkham, Global Chief Economist & Head of Global and Americas Research, CBRE

What to Expect for CRE in 2024

In this tight lending environment, all-cash buyers will benefit from bargain pricing, the firm predicts.