• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Limon Net Lease Group

Limon Net Lease Group

  • Listings
    • National Listings
    • NYC Metro Listings
  • Who We Are
  • 1031 Exchange
  • Research
  • Financing
  • Services
    • Advisory
    • Capital Markets
    • Marketing
    • Research
    • Technology
  • Contact

economy

Retail Sales Research Report | August 2021

August 30, 2021 by Marcus & Millichap Research Services

Annual Retail Sales Remain Strong; Property Fundamentals Resilient

  • Consumers tapped brakes on spending last month. Core retail sales dipped 0.7 percent on a monthly basis in July.
  • Restaurants a bright spot for sales. Diners showed little hesitation in July, pushing spending at eating and drinking places up 1.7 percent for the month, and 38.4 percent annually.
  • Inflation weighs on several sectors. Rising energy prices continued to fuel an increase in sales at gasoline stations last month, where spending increased 2.4 percent, the second largest advance.

New Factors Emerge

  • Vaccine passports gain momentum. Two of the nation’s largest cities, New York and San Francisco, have implemented vaccine mandates that will limit access to most retailers for those who are not vaccinated.
  • Health crisis emergency measures ending. Without an extension, the federal unemployment benefits expire nationwide on Sept. 6, which will remove income from millions of people out of work.

Sources: Marcus & Millichap Research Services; Bureau of Labor Statistics; Conference Board; CoStar Group, Inc.; U.S. Census Bureau

Download the Full Report Here

Filed Under: Research Brief, Retail Tagged With: CRE, economic research, economics, economy, investing, marcus and millichap, net leased, nnn, nnn retail, nnn retail strips, Retail, retail investing, retail investments, retail sales, retail strip centers, walmart anchored deals, walmart deals, walmart nnn, walmart strip centers

The Winners and Losers of the Fragmented CRE Recovery: A Tale of Two Cities

June 28, 2021 by Marcus & Millichap Research Services

National Recovery is Just One Piece of the Story

  • The move towards a full national reopening will bode well for the economy and commercial real estate
  • But the pandemic has impacted every market differently, with some seeing rapid recoveries and others lagging

Fragmentation Occurring in Commercial Real Estate

  • Nationwide, Apartment and Retail rents are down slightly, Office is down moderately, and Industrial rents rose
  • However, Inland Empire and Sacramento Apartment rents rose 11% and 7%, while San Jose rents dropped 16%
  • This bifurcation is found across all property types and metros, creating drastic variance in the local level

Investors Must Pay Attention to Local Nuances

  • The situation can differ greatly from market to market, even within the same state
  • Investors should understand national trends, but also be aware of the variance between individual markets
  • Leveraging experts on particular property types and markets will be crucial for crafting an investment strategy
* As of 1Q 2021
Sources: Marcus & Millichap Research Services, RealPage, Inc., CoStar Group, Inc.,

Watch the Video Below:

Filed Under: Research Brief Tagged With: #growth, #rent, CRE, economy, research

One Year Into COVID: The Light at the End of the Tunnel is Getting Brighter

March 16, 2021 by Marcus & Millichap Research Services

Numbers of March 10, 2021
Trailing 7-day average for daily Coronavirus cases

As we pass the one-year mark of the pandemic, the light at the end of the tunnel is getting brighter. The recently passed $1.9T stimulus combined with the ongoing vaccine rollout is boosting the 2021 outlook.

  • The hard-hit Hotel & Retail sectors will benefit as reduced restrictions encourage travel and shopping.
  • Apartment demand may strengthen as household formation re-invigorates amid rising job growth.
  • Strong momentum will likely continue for Industrial, though rising supply does pose some risk.
  • Vaccinated workers may accelerate the return to the Office, though the future of working remains unclear.

Economic Forecasts for 2021 Increasingly Optimistic

  • The recently passed third round of stimulus and the rising rate of vaccinations have bolstered the 2021 outlook
  • Economists are forecasting 2021 GDP growth from 5% up to 8.1%, which would be the highest growth since 1950
  • The pace of job recovery is expected to accelerate as vaccinations allow more states to loosen restrictions

Economic Recovery Will Bolster Hardest Hit Property Types

  • Vaccinations could encourage summer travel, raising Hotel occupancies and restoring some hospitality jobs
  • Reduced restrictions could help stabilize Retail, which had negative absorption of 26M sq. ft. last year

Stronger Outlook Provides New Tailwinds for CRE

  • Apartments could get a demand boost later in the year as job creation invigorates new household formation
  • Industrial is expected to maintain its strong momentum, but risk of elevated supply remains
  • While vaccinated workers can return to the Office; uncertainty remains on how quick that recovery will be

Sources: Marcus & Millichap Research Services, The New York Times, Bloomberg L.P.

Filed Under: Special Report Tagged With: Commercial property, commercial real estate, CRE, cvs deals, dollar general deals, economy, essential retailer, nnn, nnn deals, walgreens deals

$900 Billion Stimulus Package to Support  Economy, Bolster Real Estate Outlook

January 15, 2021 by Marcus & Millichap Research Services

COVID-19 STIMULUS PACKAGE SPECIAL REPORT
1/15/2021 by Marcus & Millichap Research Services

After significant delay, Congress passed a stimulus bill that will serve to limit the threat of a double-dip recession after economic growth faltered in December. The bill includes additional support for the unemployed, rental assistance, and direct cash payments to individuals. Small businesses, cultural institutions, and other hard-hit industries will also receive help.

Key Features Include:

  • How the stimulus package will support commercial real estate revenues
  • Impact of legislation on economic growth prospects in 2021
  • Specific industries targeted by bill for additional support

DOWNLOAD REPORT

Filed Under: Special Report Tagged With: commercial real estate, covid relief, CRE, dollar stores, economy, national tenants, rental assistance, rents, small business, stimilus

Primary Sidebar

Recent Posts

  • Multifamily Well Positioned to Face Economic Headwinds
  • Private Investors Taking the Lead in CRE Investment
  • Financial Market Whiplash vs CRE Investment Durability
  • Market Reacts to Tariffs – Implications for CRE
  • Walgreens & Rite Aid Overview

Archives

  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • March 2020

Categories

  • Agent Opinion
  • Apartments
  • Client Webcast
  • Employment
  • Eviction Moratorium
  • Fox Business
  • GDP
  • Investor Sentiment Survey
  • M&M In the Media
  • Market Report
  • Multifamily
  • Multifamily
  • NYC Metro
  • Outlook Report
  • Research Brief
  • Retail
  • Self-Storage
  • Special Report

Footer

© 2025 Limon Net Leased Group

  • Listings
    • National Listings
    • NYC Metro Listings
  • Who We Are
  • 1031 Exchange
  • Research
  • Financing
  • Services
    • Advisory
    • Capital Markets
    • Marketing
    • Research
    • Technology
  • Contact

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

Privacy Policy

We use cookies to offer you a better experience and analyze site traffic. By continuing to use this website, you consent to the use of cookies in accordance with our Privacy Policy.AcceptDon't Accept