The retail market has a green light for growth in 2020. With astrong economy and a progress in diffusing the trade ware withChina, the retail market is setting up for a great year. Thisincludes both investment activity and the availability of capitalas well as growth for retails that will lead to strong retailabsorption and rental rats.
"Probably the best indicator of retail market performance in2020 is the outlook for the general economy for 2020,"Scott Grossfeld, partner at Cox, Castle& Nicholson LLP, tells GlobeSt.com. "The good newslooking forward is that the foundation and fundamentals for theeconomy and retail still look strong. Heading into 2020,the stock markets are at all-time highs, consistently setting newrecords. Unemployment is at record lows. Wages areincreasing, interest rates are low and capital is plentiful.Consumer confidence is at reasonably high levels."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.