Retail Rents Falling From Manhattan To Los Angeles
PYMNTS
JANUARY 11, 2021
COVID-19 and the digital-first trend are sending U.S. retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. The board added that eight of 17 retail corridors are “experiencing their lowest price per square foot averages in at least a decade.”.
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