Food halls adapted quickly to the crisis, perhaps more than more retail categories; in fact, 75% were able to stay open during lockdowns by pivoting to this model, according to the latest Cushman & Wakefield Food Hall Report.

Net absorption fell in each of the top 10 markets in the second quarter, with eight markets posting negative numbers.

The greater certainty created by COVID-19 contract language should reduce upfront pricing and schedule contingencies.

The New Jersey-based brokerage has recently experienced an increase in retail lease transactions, as tenants seek relocation from malls to open-air spaces.