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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.
The New Jersey-based brokerage has recently experienced an increase in retail lease transactions, as tenants seek relocation from malls to open-air spaces.
If some economists' theory of a "K-shaped" COVID-19 economic recovery pans out, commercial real estate markets for affluent segments may fare better than those for lower-income people or companies.
A new report from Moody's Analytics shows retail property growth will fare worse than office properties, while industrial and multifamily properties are expected to fare better.
The impacts of COVID-19 stay-at-home orders and business restrictions may seal the fate of regional malls that were already struggling before the pandemic,…