Economy

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

GlobeSt.com <b>EXCLUSIVELY</b> caught up with key executives around the country in preparation for the upcoming show and many discussed some key emerging retail concepts that are going to define 2018.

Boutique retailers are gravitating to the block of La Brea between 1st and 2nd Streets, where 18 retailers have planted roots and more are expected to come.

“This report lays out a roadmap. It is a grand yet achievable vision that could turn the Stock Exchange District into the jewel it should be," says Jessica Lappin, president, Alliance for Downtown New York.

Overreaction to the Amazon effect is causing retail to be product type non-grata. Retail is not changing, it has already forever changed.

Real estate fundamentals are strong, but the same isn't true for every industry, and technology could bring down the whole system.

Sure, there are some retail closures, but the ratio is 90 to 10, according to speakers on the capital markets panel at RealShare Southern California, who showed a lot of faith in the future of retail.

In mixed-use developments, street activation is key, says Columbia Development's director of leasing, Ron Pfohl.