Field Guide to the Retail Property Market
(Updated May 2017)
Retail property is under stress, with empty stores, little growth and customers who prefer to shop online. Find out current trends, forecasts, and what is happening in retail leasing and investing. (A. Siudzinski, Senior Library Information Specialist)
E - EBSCO articles available for NAR members only. Password can be found on the EBSCO Access Information page.
Retail Property Trends
Brookfield’s Bruce Flatt takes a contrarian view on the death of the mall, (Forbes, May 11, 2017).
It’s more than Amazon: Why retail is in distress now, (CNBC, May 5, 2017).
‘Not dead, just changing’: What the future holds for the American mall, (Retail Dive, May 3, 2017).
The current and future state of Class B regional malls, (RE Business Online, Apr. 25, 2017).
This whole ‘malls are dying’ thing is getting old, mall CEOs say, (Investor’s Business Daily, Apr. 12, 2017).
Dying shopping malls are wreaking havoc on suburban America, (Business Insider, Mar. 5, 2017).
Industry outlook for shopping centers, (Urban Land Institute, Jan. 23, 2017).
Is there any saving Macy’s?, (Commercial Observer, Jan. 12, 2017).
Shopping malls continue losing anchor tenants, (Realty Biz, Jan. 8, 2017).
Simon Property Group fights to reinvent the shopping mall, (Fortune, Dec. 2, 2016).
Take a look at first quarter stats for retail real estate, (National Real Estate Investor, Apr. 9, 2017).
These 8 retailers are actually opening stores, (The Motley Fool, Apr. 3, 2017).
What does the future Sears look like? Smaller and more specialized, analysts say, (The Orange County Register, Mar. 23, 2017).
Urban Outfitters CEO says the retail bubble has burst, (Bloomberg, Mar. 8, 2017).
Leasing Tips & Trends
Shopping center REIT execs push back against negative fallout from retailer bankruptcies, (CoStar, May 4, 2017).
Buying vs. leasing: pros and cons for independent retailers, (Independent Retailer, May 4, 2017).
It’s not Armageddon for all malls, some are turning store closures into higher rents, (CNBC, Apr. 20, 2017).
Leasing commercial space? 10 questions for franchise tenants to ask about the landlord and the property, (Blue MauMau, Oct. 12, 2016).
Top 10 most valuable retail leases of 2016, (The Real Deal, Dec. 27, 2016).
Pop-up shops were once a sign of desperation. Now they’re part of the business plan, (Los Angeles Times, Nov. 24, 2016).
As anchor stores close, co-tenancy clauses can still cause more problems, (National Real Estate Investor, Sept. 20, 2016).
How the mall is evolving, (Philadelphia Inquirer, Apr. 4, 2016).
Investment Tips & Trends
Lenders still willing to finance retail, but be prepared for extra scrutiny, (National Real Estate Investor, May 3, 2017).
The investors who see plenty of life in dying malls, (Investor’s Business Daily, Mar. 10, 2017).
Investors still willing to bet on big mall turnarounds, even those hit by triple anchor closures, (CoStar, Mar. 30, 2017).
The 10 best markets for retail investment, (National Real Estate Investor, Apr. 1, 2017).
No, malls are not dying, (Seeking Alpha, Feb. 22, 2017).
How to save a dying mall, (Bloomberg, Feb. 22, 2017).
Why lenders must account for mall trends, (Commercial Property Executive, Sept. 7, 2016).
CCIM Institute—A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate.
International Council of Shopping Centers—Global trade association representing the shopping center industry. The groups' membership is over 65,000 in about 80 countries.
IREM—The Institute of Real Estate Management (IREM), an affiliate of the National Association of REALTORS®, is an association of property and asset managers who have met the strict criteria in the areas of education, experience, and ethics.
National Retail Federation—The National Retail Federation is the world's largest retail trade association, with membership compromising all retail formats and channels of distribution.
eBooks & Other Resources
The following eBooks and digital audiobooks are available to NAR members:
Commercial Real Estate Investment (PDF eBook)
The Complete Guide to Financing Real Estate Developments (Adobe eBook)
The Dynamics of Property Location (Adobe eBook)
Gen BuY: How Tweens, Teens and Twenty-Somethings are Revolutionizing Retail! (Kindle, Adobe eBook)
Local and Community Driven Development (Adobe eBook)
Real Estate Development and Investment (Adobe eBook)
Sustainable Property Development (Adobe eBook)
Books, Videos, Research Reports & More
The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.
Annual Store Construction & Outfitting Survey, (Chain Store Age, 2013).
Annual Store Construction & Outfitting Survey, (Chain Store Age, 2011).
Is the ‘Shop Around the Corner’ a luxury or a nuisance? working paper, (University of CA Lusk Center for Real Estate, Sept. 22, 2010).
Field Guides & More
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