Development remained focused in the downtown/Montrose/River Oaks submarket as builders worked to meet demand in the dense urban core, while investment in the Fondren/Westbury submarket grows.

Outside of the dated mall format, retail is thriving. Nationwide, vacancy is near all-time lows and rents continue to set new peaks.

Although maybe not great for the pocketbook, it's a good boost for real estate's retail sector according to a recent CBRE report.

Long-term sustainable demand and, as a result, resistance to market fluctuations creates a compelling investment opportunity at this current stage of the cycle.