Investment in retail properties nationwide rose in Q3 2023 to $11.86 billion, marking the first increase in deal volume since Q3 2022, according to a new report from Northmarq.

Though the upward movement was welcome after three quarters of steadily declining investment, it was still 31% below year-ago levels when sales hit $17.66 billion. It was, however, 34% higher than the $8.84 billion recorded in 2Q 2023 when volume fell below $10 billion for the first time since the Covid pandemic.


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