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Retail sentiment took a turn at the end of 2020. The sector was hit hard by the pandemic, and capital investment halted. However, the announcement of two vaccines helped to fuel consumer spending at the end of the year, and gave investors a renewed confidence in the eventual recovery of retail.

“Despite the significant increase in COVID-19 infections and deaths in the fourth quarter of 2020, investor sentiment for retail has begun to recover due to the optimism over the efficacy of the two COVID-19 vaccines currently being deployed in the US,” Gary Glick, a partner at Cox, Castle & Nicholson, tells GlobeSt.com.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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