{"id":1003889376,"date":"2008-11-11T12:00:00","date_gmt":"2008-11-11T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/11\/11\/the-trends-gloomy-confidence-pummels-transaction-value\/"},"modified":"2022-12-02T08:03:03","modified_gmt":"2022-12-02T16:03:03","slug":"the-trends-gloomy-confidence-pummels-transaction-value","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/","title":{"rendered":"The Trends: Gloomy Confidence Pummels Transaction Value"},"content":{"rendered":"<p>The shaky economy has bruised the retail sector, as jittery consumers keep a tight rein on their expenditures and investors examine the market with a more cautious eye. To that end, third-quarter retail property sales transactions totaled $3.4 billion, a staggering, year-over-year drop of 80 percent, according to a Real Capital Analytics Inc. Capital Trends Monthly report. In fact, sales volume for the entire year will probably come in lower than that tallied during just the first half of 2007.The number of deals also fell considerably, down 70 percent from the same period a year ago, to 283. Of those, 140 were mall transactions, a 76 percent year-over-year drop, and 143 were strip center sales, a 70 percent skid. \u201cInvestment trends for strip centers are quite negative and among the poorest of all property types,\u201d the report stated. \u201cSurprisingly, anchored strips have seen cap rates rise much higher than for unanchored properties. Single-tenant retail is a relative bright spot among retail properties.\u201dThe report also slotted the top retail players in the third quarter. CB Richard Ellis Inc., NAI Global, Marcus &amp; Millichap Real Estate Investment Services Inc., Grubb &amp; Ellis Co. and Cushman Wakefield Inc. were the top five brokers; Publix Super Markets Inc., Millbrook Properties Ltd., Pep Boys, Terramar Retail Centers and Senior Housing Properties Trust made up the top five buyers; and Acadia Realty Trust, Albertsons Inc., Klaff Realty L.P., Life Time Fitness Inc. and Pritzker Realty Group L.P. formed the top five sellers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shaky economy has bruised the retail sector, as jittery consumers keep a tight rein on their expenditures and investors examine the market with a more cautious eye. To that end, third-quarter retail property sales transactions totaled $3.4 billion, a staggering, year-over-year drop of 80 percent, according to a Real Capital Analytics Inc. Capital Trends&hellip;<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1003889376","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Trends: Gloomy Confidence Pummels Transaction Value - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Trends: Gloomy Confidence Pummels Transaction Value\" \/>\n<meta property=\"og:description\" content=\"The shaky economy has bruised the retail sector, as jittery consumers keep a tight rein on their expenditures and investors examine the market with a more cautious eye. To that end, third-quarter retail property sales transactions totaled $3.4 billion, a staggering, year-over-year drop of 80 percent, according to a Real Capital Analytics Inc. Capital Trends&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-11T20:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-02T16:03:03+00:00\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"headline\":\"The Trends: Gloomy Confidence Pummels Transaction Value\",\"datePublished\":\"2008-11-11T20:00:00+00:00\",\"dateModified\":\"2022-12-02T16:03:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/\"},\"wordCount\":248,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/\",\"name\":\"The Trends: Gloomy Confidence Pummels Transaction Value - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2008-11-11T20:00:00+00:00\",\"dateModified\":\"2022-12-02T16:03:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/the-trends-gloomy-confidence-pummels-transaction-value\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Trends: Gloomy Confidence Pummels Transaction Value\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/cpeadmin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Trends: Gloomy Confidence Pummels Transaction Value - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/","og_locale":"en_US","og_type":"article","og_title":"The Trends: Gloomy Confidence Pummels Transaction Value","og_description":"The shaky economy has bruised the retail sector, as jittery consumers keep a tight rein on their expenditures and investors examine the market with a more cautious eye. To that end, third-quarter retail property sales transactions totaled $3.4 billion, a staggering, year-over-year drop of 80 percent, according to a Real Capital Analytics Inc. Capital Trends&hellip;","og_url":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2008-11-11T20:00:00+00:00","article_modified_time":"2022-12-02T16:03:03+00:00","author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/"},"author":{"name":"the Editors of Commercial Property Executive","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef"},"headline":"The Trends: Gloomy Confidence Pummels Transaction Value","datePublished":"2008-11-11T20:00:00+00:00","dateModified":"2022-12-02T16:03:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/"},"wordCount":248,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/","url":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/","name":"The Trends: Gloomy Confidence Pummels Transaction Value - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2008-11-11T20:00:00+00:00","dateModified":"2022-12-02T16:03:03+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/the-trends-gloomy-confidence-pummels-transaction-value\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"The Trends: Gloomy Confidence Pummels Transaction Value"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/cpeadmin\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003889376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1003889376"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003889376\/revisions"}],"predecessor-version":[{"id":1004614609,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003889376\/revisions\/1004614609"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1003889376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1003889376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1003889376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}