The CRE slowdown has affected all asset classes, but the retail market, which faced its own difficulties prior to rising interest rates and return-to-work challenges, is somewhat less impacted. Though the retail market is undoubtedly difficult right now, the positive news is that retail is no longer the least desirable asset class.
In this Globe St. article, Partner Valuation Advisors’ Joe Miller discusses how retail owners can find new occupants for their vacant spaces.