Commercial real estate investment sales volume totaled $25.1 billion in February, up significantly from January, reported Colliers, Toronto.
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Inflation’s Impact on Retail Real Estate
Colliers International, Toronto, said consumers are not alone in feeling elevated inflation–higher costs are problematic for retailers, too.
Spread Between Retail, Industrial Rents Compresses
JLL, Chicago, reported the spread between retail property rents and industrial property rents is compressing as home deliveries speed up and e-commerce steals more and more market share from brick-and-mortar retailers.