Tag: retail rents

News & Trends

Retail rents rise in Q2 as availability tightens: CBRE

July 28, 2023

Via: Retail Dive

Shifting retail location strategies and high financing and construction costs are shaking up demand for space. In the second quarter, just 5.9 million square feet of retail space was constructed, the third-lowest quarterly total in a decade, according to CBRE. […]

Retail Types, Stores

Retail rents tumble to historic lows in New York City amid bankruptcies and store vacancies

January 8, 2021


Rents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21 closed stores and vacancies soared, according to a report Friday. […]