Feb 06, 2019 - 0 Comments - Retail Properties -

Video: REIS Senior Economist Barbara Denham Does Retail Property Wrap-up 2018

Barbara Denham, Senior Economist with REIS, a leading commercial real estate data source, appears on a commercial real estate related show to discuss how retail performed in the biggest quarter of 2018, and projections for the sector in 2019. She notes that vacancy held steady at 10.2% in the face of gloomy forecasts, and rent increased 0.5%. She sees these results as positive, even though it is low, as it was expected by most to be negative, presumably given all the store closures taking place in the face of e-commerce fueled headwinds. She also talks about store closures by Sears, and effects on different retail property subcategories.

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