Report: Retail real estate is in demand, but supply is shrinking

Retail would seemingly be in the dumps, given brick-and-mortar store challenges. But the opposite is happening.


  • By Mark Gordon
  • | 8:15 a.m. September 3, 2024
  • | 0 Free Articles Remaining!
The Mall at UTC in Sarasota opened in 2014.
The Mall at UTC in Sarasota opened in 2014.
Courtesy image
  • Manatee-Sarasota
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The retail commercial real estate sector, while not necessarily scorching hot, is, on a national level, outperforming competing sectors and expectations. 

So much so that fact No. 1 in a recent report on the overall commercial real estate industry from left-leaning think tank Brookings states “Surprise! Retail was the most stable CRE category through the pandemic.” 

Retail in particular is a surprising bright spot, with big opportunities for delivering positive economic and social returns,” states the report, entitled “Six facts about the post-pandemic commercial real estate market in the U.S. and what they tell us about the future of retail.” 

 

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