News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Randyl Drummer / CoStar / August 14, 2013
CoStar Midyear Analysis: Investors Cherry-Pick Deals In Markets With Strongest Fundamentals and Growth Prospects Retail Square Footage per Capita Decreases for First Time in Many Decades
The “happy rainbow” of year-over-over demand growth for U.S. retail space continued to spread across the country at midyear, with shopping center landlords just now beginning to capitalize on accelerating population, employment and housing trends, almost no new retail property construction, and consumers returning to shop in stores once more.
Overall demand for shopping spaceRead More
Randyl Drummer / May 15, 2013
Absorption, Vacancy Benchmarks Continue to Drift Sideways As Retailers Shake Out Closed Stores
Following a recent string of relentlessly unexciting market trends in retail real estate over the past several quarters comes this distinctly positive news for retail property owners — quoted asking rents have finally turned upward across all retail property types in the U.S. for the first time since 2008.
“This is a symbolic victory,” said CoStar real estate economist Ryan McCullough, who co-presented the First-Quarter 2013 Retail Review and Outlook with Suzanne Mulvee,Read More