Investing in Naples: Insights into a Booming Retail Landscape
In Naples, Florida, the retail real estate sector is experiencing a remarkable period of low vacancy rates. As of the third quarter of 2023, the vacancy rate has dropped to 3.6%, a decrease of 0.4% from the previous year and the lowest it has been since late 2017. This trend can be attributed primarily to […]
Unlocking Retail Investment Opportunities in Sarasota, FL
The Sarasota retail market, the largest in Southwest Florida, encompasses over 53 million square feet of retail space. Recently, the market has demonstrated robust demand, absorbing approximately 630,000 square feet in the past year. This surge in demand has led to a significant decrease in vacancy rates, which now stand at a near-historic low of […]
Investing in Miami: A Deep Dive into the Retail Sector’s Evolution
Overview Stable Vacancy Rate: The Miami retail market has shown resilience with a stable vacancy rate of 3.0% over the past year, experiencing only a minor decrease of 0.1% from the previous year. Space Absorption vs. Delivery: There has been a positive balance between supply and demand, evidenced by the absorption of 900,000 square feet […]
The Pulse of Palm Beach Retail: Investment Patterns and Market Projections
Palm Beach retail leasing has slowed over the past year, with 1.8 million SF leased by Q2 2023, down from 2.4 million SF in Q3 2021. After ten positive quarters, net absorption turned negative, contracting around 62,000 SF. Yet, vacancies remain tight at 3.5% in Q3 2023, below the five-year average of 4.1%. Strong household […]
Orlando’s Retail Sector: Growth, Investment, and Future Trends
Overview Resilient Consumer Spending: Orlando’s retail market has remained strong amidst economic challenges, with consumer spending staying robust as inflation declines, thereby enhancing purchasing power. Low Vacancy with Anticipated Increase: The current vacancy rate stands at a low 3.8%, with expectations of a moderate rise due to over 700,000 square feet of retail space anticipated […]
Investing in Tampa’s Retail Landscape: Trends and Insights
Overview Rapid Growth and Expansion: Tampa’s retail market has seen significant growth, fueled by rapid population increases and the arrival of new brands, alongside the expansion of existing ones. High Space Absorption: The market dynamics have led to swift space absorption and a robustly leased development pipeline, showcasing the high demand for retail space. Foundation […]
Fort Myers Retail in Focus: Market Dynamics and Future Outlook
Fort Myers, recognized as Southwest Florida’s second-largest retail area, encompasses approximately 49 million SF. The region’s strong labor market and positive demographic trends have bolstered its consumer base, fueling consistent demand from retailers. In the past year, the market absorbed 390,000 SF of retail space, bringing vacancy rates to a decade-low of 3.0% by the […]
Investing in Charleston: A Guide to the Evolving Retail Market
Charleston’s port access, coastal location, and relative affordability have continued to draw both retailers and new residents as we progress through the first half of 2023. This South Carolina city has maintained its allure, bolstered by robust regional and national tourism. Significantly, Charleston’s population growth has consistently surpassed the national average, a trend that underscores […]
The Future of Retail Investing in Atlanta: 2023 Market Insights
In our latest analysis, we delve into the burgeoning retail market of Atlanta, GA, a region that has shown remarkable resilience and growth in recent times. As we navigate through the intricacies of this market, it’s crucial for strategic partners and stakeholders in the realm of real estate private equity and capital groups to understand […]
Investing in San Antonio: A Deep Dive into the Retail Market
In the constantly changing realm of retail markets, San Antonio, Texas, emerges as a symbol of enduring strength and promise. Exploring the vibrant dynamics of this market is essential, especially in understanding its response to the widespread economic downturn affecting numerous areas. Amidst these adversities, the retail sector in San Antonio has demonstrated exceptional resilience […]