By Joseph Miller, MAI, MRICS, Managing Director for Partner Valuation Advisors, published on May 05, 2025, on GlobeSt.com
As we continue to move through 2025, which is likely to bring continued economic uncertainty, many investors will be watching to see how retail closure and backfills impact their overall portfolio. While there are retailers in the market looking for space, many are being more cautious than their predecessors when signing large, long-term leases. Many investors also believe that retail in the U.S. is under demolition and as we continue to see mall redevelopments take away and the available retail vacancies should continue to trend downwards, creating opportunities for retail owners.
In this latest GlobeSt article, Joseph Miller discusses how low vacancy will offset store closures, how grocery-anchored stores are still favored, and shares some trends to watch for the rest of 2025.

May 27, 2026
Capital planning in commercial real estate has entered a new phase. In addition to traditional lifecycle replacements, managers now face a growing set of capital needs driven by energy ordinances, decarbonization goals, and climate risk. These drivers are no longer peripheral considerations; they are central to how capital plans are developed, prioritized, and executed.

June 05, 2026
Partner Property Consultants, the European subsidiary of Partner Engineering & Science, Inc. (Partner ESI), announces that Antoine Yeprem joined the company in June 2026 as Senior Consultant, Real Estate Due Diligence, in Germany.

June 04, 2026
When managed well, the Owner's Representative punch list process supports a clean project closeout. Issues are resolved before occupancy, reducing disruptions and protecting long-term asset value. By combining discipline, accountability, and the benefit of fresh eyes, an Owner’s Representative helps ensure the project is delivered as intended and ready for successful operation from day one.




