A report that was recently conducted by Real Capital Markets states that retail investors are still in a buying mode. This is supported by the fact that retail investors are focused on obtaining assets that will meet the demand and need of today’s consumers, all the while producing desirable returns. The report is based on an interview that was conducted with a wide range of retail professionals. Real Capital Markets is owned by C-III Capital Partners, a world leader in real estate. Andrew L. Farkas is the CEO and Chairman of C-III Capital Partners, and is eager to see what this report will mean for the upcoming years.
According to the report, experiential retail is on the rise seen with a growth in e-commerce, Class A malls and grocery-anchored centers are still in high demand, 40% of investors see big box vacancy as their biggest threat and 59% of investors interested in investing in retail are considering other asset classes all the while focusing on multifamily.
The report also states the most preferred retail investment is anchored shopping centers, with 48% of investors saying that this type of retail is the most attractive when compared to strip centers. This percentage has increased from 2017, although online and digital grocery stores are on the rise. However, this won’t ever replace physical grocery stores, according to the report. In order to adapt to the rise in e-commerce, retailers are coming up with creative and innovative ways to utilize technology all the while keeping their stores.
With property across the nation and just having reached $2 trillion in transactions, Real Capital Markets is a leader in real estate for all real estate sectors.