IVT - Sector Spotlight: Retail Could Break Out In 2024
2024-03-28 10:38:13 ET
Summary
- Retail REIT share prices have declined more than the overall REIT sector, presenting a potential investment opportunity.
- The Marcus & Millichap 2024 Retail Forecast highlights job growth, migration patterns, and rising retail space demand.
- The top markets for retail investment are dominated by Florida and Texas, creating opportunities for shopping center landlords in the Sun Belt.
Earlier this year, Marcus & Millichap ( MMI ) released its popular 2024 Retail National Investment Forecast. This year’s report was particularly optimistic, highlighting significant job growth, migration patterns, rising retail space demand, and a relative absence of new supply....
Sector Spotlight: Retail Could Break Out In 2024