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Panelists at CREW Network and Marketplace Convention in San Diego discuss consumer behavior and buying habit changes and the push it has had on industrial developers.
It is generally accepted that stock market volatility has no impact on the commercial real estate market, but the volatility in recent weeks could impact business confidence.
Although retailers/restaurants continue to lease retail space, others are closing down locations including some big box tenants who have been part of the retail landscape for many years.
Long-term success will require close partnership among businesses, nonprofits, philanthropists, and local, state and federal government to rebuild in a more resilient way in preparation for future extreme weather.