Market News

July 2021

When you are looking at similar properties to lease, but the asking lease rates vary greatly, should you take the lowest quoted lease rate?    Where instinct might tell you that is the best deal, you cannot truly know if this is true until you understand the different types of leases on commercial real estate.

For the battered retail sector, 2021 seems to have good things in-store.  Just recently, the National Retail Federation issued a revised forecast for the year, anticipating that retail sales will now grow between 10.5% and 13.5% as the economy accelerates its pace of recovery.