What will 2021 bring to the Southeast in terms of retail property investment activity? The region is still addressing the havoc of the pandemic, but leaders in the market are looking forward to more stability in the coming year.
The past seven months have included retail and restaurant closures due to COVID-19; extended periods of limited capacity or operation for retailers and restaurants during reopening; increasing e-commerce sales; retailer bankruptcies; job losses and other factors affecting retail asset performance.
Though investment sales activity was down significantly this year, experts expect a strong bounce back for retail real estate acquisitions in 2021. But that’s easier forecasted than done.
Headlines in the coming year will include the push-and-pull process to find appropriate market value for retail assets, as buyers, sellers and their investment sales partners seek to determine logical pricing after much volatility in the retail sector. Financing is another piece of the puzzle as lenders and other capital sources vary on how they underwrite multi-tenant, single-tenant and other retail acquisitions.
Southeast Real Estate Business and Shopping Center Business magazines will host a complimentary webinar to look back at 2020 and forward into 2021 as retail sector leaders predict how investment sales in the retail sector will perform in the near term. Join us on November 16 from 11:00 am – 12:30 pm Eastern.
Panel speakers will include Pierce Mayson of SRS Real Estate Partners, Fred Victor of Transwestern, Greg Matus of Franklin Street, Jeff Enck of Stan Johnson Company, and moderator Craig Thompson of Carr, Riggs & Ingram.
SRS Real Estate Partners, CRI, Stan Johnson Company, Franklin Street and Transwestern are sponsoring the webinar.
To see more webinars on demand, click here.
InterFace Conference Group is a division of France Media Inc., which publishes 10 commercial real estate magazines — including Southeast Real Estate Business and Shopping Center Business — as well as several websites and newsletters focused on the commercial real estate industry.