High quality big-box space has been backfilled, either by bringing in new retailers or repurposing the boxes, and demand for big boxes is currently so strong that even vacancies in less desirable centers are filling up.
Industry experts point to several things that led to Coldwater Creek’s demise, including the overall softness in apparel retailing and the strategic missteps the company made regarding its target audience and merchandising.
When the Federal Housing Finance Agency (FHFA) announced a mandated 10 percent reduction in Fannie Mae and Freddie Mac’s new multifamily acquisitions, borrowers and lenders didn’t know what to think. Some were blindsided while others had expected it for a while.
For the past five years, industrial tenants have enjoyed a dominant position in Southern California because space was plentiful and landlords were eager to keep their buildings full. Those days are coming to an end as occupancy rates edge higher and landlords push rents.
Brokerage firm clients today want only one thing: more. They want more services, more expertise and more collaboration in more places. And they want all these things for less: less time, less money and less fuss.
To generate additional yield, some net lease ivnestors are straying from vanilla single-tenant office, retail and industrial deals and exploring government assets as a potentially lucrative investment opportunity.