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Analysis

National Retailers Surpass 95% Rent Payments

Non-national retailers, however, have not yet surpassed 90% in rent payment, according to the latest data from Datex Property Solutions.

The retail market is on the path to recovery, but there remains a clear bifurcation between national and non-national retailers. Overall, rent collection among national tenants has hit 95%, where rent collection among non-national tenants has not yet surpassed 90%.

Unsurprisingly, August 2021 rent collection trends do look markedly better than they did in August 2020. Collections for last month eclipsed 92%, which is 12% ahead of those same numbers in August 2020. Nationals did even better, surpassing the 95% collection threshold,” Mark Sigal of Datex Property Solutions tells GlobeSt.com.

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Kelsi Maree Borland

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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