Research

Retail centers with "essential" business tenants, such as grocery stores, are expected to perform well in the next couple of months. Meanwhile, experiential and entertainment-based retail will continue to struggle.

More space is coming, and conversions in the suburbs and Boston and future new development throughout the market aim to tap into this supply/demand imbalance.

An analysis by PwC found that real estate deal volume in the hospitality industry was down 77% in early 2020, while retail deals lagged by 53%.

A new CBRE survey identifies a total of 59 retail-to-industrial projects that have been completed, proposed or underway since 2017.

Racial disparities could also worsen if pandemic unemployment benefits aren't extended, the report said, as Black renters are more likely to depend on income from jobs that require face-to-face or physical contact.

The market reported its first negative absorption since over a year ago.

Due to the coroanvrius pandemic and the recession, property price growth was stagnant last month.

The expected reduction in office demand may be offset by de-densification, another new trend.