Despite market volatility and uncertainty created by the COVID-19 pandemic, investor activity within the net lease space for specific uses and credits continues to remain relatively strong, albeit at levels lower than pre-COVID.
Join Marcus & Millichap for Mastering the Markets, our exclusive 2020 forecast webcast series. These live property-specific webcasts will each focus on the unique relevant trends while also featuring currently available investment opportunities.
As investors continue to optimize their retail center tenant mix to deliver valued services to local customers, vacancy trends have continued to tighten. The infusion of more Internet-resistant tenants including dollar stores and health clubs support declining vacancy. Moving forward, the combination of low unemployment and rising wages will support increased spending, driving retail sector momentum.
Referred to as “the CNBC for millennials,” news program Cheddar TV asks Marcus & Millichap CEO Hessam Nadji for an outlook on real estate amid Toys “R” Us closures and the evolution of retail. Also, opportunities for investors in today’s commercial real estate market and services Marcus & Millichap provides.