In our June 2021 livestream, Chief Investment Officer, Ian Formigle explained the surprising upside we’re now seeing in retail real estate throughout the rest of 2021. Occupancy rates held up better than anticipated and as we regain our mobility, more and more shopping centers are opening up, leading to a rebound in sales for this asset class. We still like the long-term prospect of grocery-anchored retail centers and believe that as more fitness centers, salons, and restaurants come back to full capacity it presents more opportunities for investors into 2022 and beyond.
Learn more about our outlook for retail in our CRE Market Outlook.