Retailers may be increasing their store opening plans, emboldened by a stronger economy, but that doesn’t mean that retail developers are following suit. Data from commercial real estate services firm CBRE shows that in the fourth quarter of 2013, the number of retail projects in the final planning stages (meaning they were likely to start construction in a matter of months) was 61, totaling 5.9 million sq. ft. of space. That compares to 107 projects totaling 10.4 million sq. ft. that ...
NREIonline.com Freemium Content
"Few Retail Project Starts Planned for 2014 as Developers Wait for Rent Spikes" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.