Wednesday, February 2, 2011

Collapse of Retail CRE

A case for the collapse of retail commercial real estate due to over supply, a difficult retail sales environment, and a fundamental shift in purchasing channels from traditional bricks and mortar to online sales:

People will still need fresh milk and bread and other 'neighborhood' services. While big-box single tenant retail and mega malls may have big problems, we think local neighborhood strip centers still fill an important role.