News and Events
Retail Real Estate
Scary in the Short-Term, Long-Term Opportunities Exist
Nov 15, 2008 ABF Journal Spence Mehl and Edmund Terry
While the subprime mortgage crisis may have been the first rock to start sliding, the avalanche of bad news that has been making headlines this fall is the result of a number of complex structural concerns that have radiated out to virtually every corner of the national economy. Unfortunately, retail real estate has been no exception.
The year 2008 is not over yet, but for many parties in retail real estate, this is already a year they would like to forget. As 2008 winds down and the industry begins to look ahead to 2009 and beyond, what factors will play a significant role in determining where we go from here? How are the current dynamics within the national and international financial markets and the real estate industry changing the ways in which commercial developers, landlords and retail tenants operate? Is there a light at the end of the tunnel?