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Peter Muoio Muoio says consumers’ shift from goods to experiences at the brick-and-mortar level requires reconfiguring and rethinking what a retail center is and how to attract these new sorts of tenants.

IRVINE, CA— While it is too early to know the details of how policies in all areas will change, there will be impacts on commercial real estate and capital flows into the CRE space, Ten-X’s chief economist Peter Muoio tells GlobeSt.com.

As we recently reported, according to a report from the firm, the star performer among major property sectors during December was retail, where values increased by 1.4% from the previous month. Ten-X noted that the sector typically is boosted during the busy holiday shopping season, although it remains hampered by e-retail competition and shifts in consumer spending behavior that appear to be permanent.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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