commercial real estate

While I often claim I threw out my crystal ball a long time ago, I will now go out on a limb and make a prediction: retailers are going to feel a lot more pain through the holiday shopping season. I predict more bankruptcies, more store closings, and more alternatives for your existing tenants that might have expiring leases.

If you’ve been thinking about selling that strip center, now’s a fine time to take some money off the table. Cap rate won’t be as attractive as in 2007 but who can time the market? And remember you’ll be buying into the same market you’re selling into.

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