Retail

Over time, cap rates historically track interest rates, and for now, interest rates remain within 1% of record lows, so pricing for Orange County retail assets could remain strong through next year, CBRE's Phil Voorhees tells GlobeSt.com.

“New developments are drawing more attention, particularly from retailers that are looking to develop a presence in Brooklyn as an extension of their Manhattan mainstays,” says REBNY president John Banks.

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

“Craft brewing's presence in retail inventory has only recently started to grow at a considerable rate, but with Maryland still ranking 36th for breweries per capita, the industry has runway for growth.”

“This trend is happening all over Atlanta right now, not just in Buckhead or Midtown where it's more common for people to see that.”

A partnership has been formed to establish a housing recovery fund for agricultural workers and the region is beginning to reopen for business.

Lenders are beginning to lower the maximum LTV and increase DSCR, keeping rental-rates flat and allowing landlords to reserve for tenant improvements in case a property needs to be repositioned during the term of the loan, Money360's Gary Bechtel tells GlobeSt.com.

Real estate leaders say brick-and-mortar retailers need to embrace Internet sales, not fear them.