Driven by luxury and essential retailers, the surge in leasing is not enough to move the needle on availability.
source https://www.globest.com/2022/01/31/new-york-city-retail-leasing-surges-in-q4/
Driven by luxury and essential retailers, the surge in leasing is not enough to move the needle on availability.
GlobeSt. Real Estate Forum is calling all professionals, teams and companies that have helped shape the retail real estate sector. Submit a candidate before the nomination deadline on February 4.
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Ground leases provide early capital at a favorable rate, helping to de-risk the deal for construction lenders.
“It is a big challenge,” Mark Russo of Savills says about how retail companies are handling the post-holiday return season.
The firm's leasing activity, executed across various major markets, represents a 55% increase from Q4 2020.
The 10 metro areas with the biggest increases in rent prices—up 29% year over year or more—were almost exclusively on the East Coast.
GlobeSt. Real Estate Forum is calling all professionals, teams and companies that have helped shape the retail real estate sector. Submit a candidate before the nomination deadline on February 4.
The firm has hired Jared Noordyk as head of securitization and Natalie Grainger as chief credit officer.
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