Cochran Capital’s Post

🚀 Retail Market Insights Q2 2024: Navigating Opportunities and Challenges As we navigate through 2024, the retail market continues to exhibit resilience and adaptability. Here's a snapshot of key trends from the latest reports: 🌟 National Overview: Consumer Spending: Despite slower growth rates, consumer spending remains strong, supported by gains in real income and employment . Vacancy Rates: The national retail vacancy rate remains at a historic low of 5.3%, showcasing a tight market with steady demand . Absorption and Demand: After a challenging Q1, net absorption turned positive in Q2 with 1.4 million sq ft absorbed, although demand is lower compared to last year . 🏙️ Austin Market Highlights: Low Vacancy and Rising Rents: Austin ranks among the 10 least vacant major U.S. markets, with single-tenant vacancy rates below 3% and rents growing at 6.7% annually Construction and Growth: New projects, such as the H-E-B supermarket in South Austin, highlight the city's robust construction activity and job growth Suburban Growth: Suburbs like Cedar Park and Round Rock are seeing significant growth, driven by low vacancy rates and increasing rents 🔍 Market Outlook: The retail market is poised to remain tight with constrained supply and diverse tenant demand, projecting strength into 2025 Retailers and investors should continue to watch for opportunities in this dynamic environment. Let's continue to adapt and innovate in the face of evolving market conditions! #RetailMarket #RealEstate #MarketTrends #AustinRetail #ConsumerSpending #CommercialRealEstate

Read Savills Prospects and find out how inflation, labour shortages and rising costs in F&B are blurring retail stats, and how landlords and tenants can innovate for the future. http://sav.li/ani #RetailInvestment #RetailExpansion #RetailTrends #CommercialRealEstate

Read Savills Prospects and find out how inflation, labour shortages and rising costs in F&B are blurring retail stats, and how landlords and tenants can innovate for the future. http://sav.li/ani #RetailInvestment #RetailExpansion #RetailTrends #CommercialRealEstate

Unlock Insights from Portland’s Retail Market: What to Know Going into Q4 2024 Curious about the latest retail trends in Portland? Our Q3 2024 report is filled with valuable insights designed to help investors, landlords, and tenants succeed in this evolving market. 📊 Market Overview: Key trends impacting retail space demand in Portland Metro. 🏬 Vacancy Rates: What falling vacancies mean for retail opportunities. 📈 Future Outlook: Expert predictions for 2024 and beyond. 👉 Ready to dive deeper? Download the full report here: https://ow.ly/QPV050TRIxa #PortlandMarket #PortlandRetail

Explore the current state of the #retailmarket: characterized by soaring demand, reduced vacancies and shifting tenant trends. Find more forecasting insight: https://bit.ly/3U3Ii0X

It will be interesting to see how things go through the rest of '24, but the Q2 market reports tell a story of resilience and adaptability in the Retail market.

Over a month 'back in the game' – here's what I’ve learned! After two years away on Mat leave, it’s clear the market has changed, but not beyond recognition. There’s been resilience across sectors, though performance varies: 🔑 Residential: Build-to-rent (BTR) continues to dominate, driven by strong rental demand. September saw 91,000+ transactions—still robust. 🏢 Offices: Prime spaces in locations like London’s West End are thriving (+7.7% rents YoY), but secondary offices face challenges, with many being repurposed. 📦 Logistics: Still a standout, benefiting from low vacancies and steady e-commerce demand. 🛍️ Retail: Shopping centres are struggling, yet retail warehousing shows promise as a more resilient segment. Falling interest rates and improving debt conditions seem to be reigniting investor confidence, especially for prime, income-generating assets. What are you noticing in the market? Would love to hear your thoughts! #RealEstate #UKPropertyMarket #InvestmentTrends #Q42024

HOW TO TELL IF WE ARE ENTERING A "LANDLORD MARKET"... 📉 Retail recalibration: Retail bankruptcies and closures have reset the U.S. retail market. 🏬 Record-low vacancies: U.S. retail vacancy rates have hit a record low of 4.1% in Q1 2024. 🚧 Demolition surge: 155M SF of retail space demolished over the past five years. 🏢 New developments: Minimal new retail space added; only 500M SF in the last decade. 🛑 Tight market: Retail space is scarce, making it difficult for tenants to find affordable space. 💵 Rent growth: Nationwide asking rents up by 2.9%, reaching a new high of $25 per SF. 🔄 Landlord’s market: Transition from a tenants’ market to a landlord’s market. 🏗️ Construction slowdown: Retail construction activity has fallen by two-thirds since the Great Financial Crisis. 💼 Non-retail occupancy: Increase in non-retail uses, such as healthcare, occupying former retail spaces. 📈 Retail demand: Retailers emerged strong from Covid-19 with aggressive growth plans, leading to competition for limited space. ⛔ Expansion limits: Rising costs and limited space are capping retail expansion. 📉 Future outlook: New retail space deliveries expected to remain low until at least 2028. 🔍 Market caution: High interest rates, construction costs, and shadow inventory are holding back retail development. 🛒 Competition: Struggling retailers and competitive product impact new retail developments. #RetailRecalibration #RetailMarket #CommercialRealEstate #RetailVacancy #RetailDemolition #RetailDevelopment #RetailSpace #RetailTrends #RealEstateNews #RetailGrowth #RetailExpansion #CRE https://lnkd.in/grAwrEmC

HOW TO TELL IF WE ARE ENTERING A "LANDLORD MARKET"... 📉 Retail recalibration: Retail bankruptcies and closures have reset the U.S. retail market. 🏬 Record-low vacancies: U.S. retail vacancy rates have hit a record low of 4.1% in Q1 2024. 🚧 Demolition surge: 155M SF of retail space demolished over the past five years. 🏢 New developments: Minimal new retail space added; only 500M SF in the last decade. 🛑 Tight market: Retail space is scarce, making it difficult for tenants to find affordable space. 💵 Rent growth: Nationwide asking rents up by 2.9%, reaching a new high of $25 per SF. 🔄 Landlord’s market: Transition from a tenants’ market to a landlord’s market. 🏗️ Construction slowdown: Retail construction activity has fallen by two-thirds since the Great Financial Crisis. 💼 Non-retail occupancy: Increase in non-retail uses, such as healthcare, occupying former retail spaces. 📈 Retail demand: Retailers emerged strong from Covid-19 with aggressive growth plans, leading to competition for limited space. ⛔ Expansion limits: Rising costs and limited space are capping retail expansion. 📉 Future outlook: New retail space deliveries expected to remain low until at least 2028. 🔍 Market caution: High interest rates, construction costs, and shadow inventory are holding back retail development. 🛒 Competition: Struggling retailers and competitive product impact new retail developments. #RetailRecalibration #RetailMarket #CommercialRealEstate #RetailVacancy #RetailDemolition #RetailDevelopment #RetailSpace #RetailTrends #RealEstateNews #RetailGrowth #RetailExpansion #CRE https://lnkd.in/gTsppGR8

Retail vacancy rates in the U.S. have plummeted to a record 4.1%, thanks to high demand and limited new construction. With old stores being replaced by new tenants and rents climbing, finding retail space is tougher than ever. While retailers are growing, high costs and tight space may curb expansion. #retailtrends #commercialrealestate #retailrealestate #investment #realestateinvestment Source: https://hubs.li/Q02KQskB0