Property Types Retail
Denver Retail to go Relatively Unscathed in Economic
June 27, 2008

According to a second quarter report by Marcus & Millichap, the retail market in Denver is on track to maintain its healthy fundamentals this year, despite the nation's souring economy. Strong demographic trends and weakening supply-side pressure are expected to sustain the city's retail real estate sector. According to the report, employers will create an anticipated total of approximately 1,300 new jobs and developers are on target to add 2.5 million square feet to the city's metropolitan inventory. Additionally, the firm predicts an average 1.6 percent increase in asking rents, and a vacancy rate of just 8.1 percent by year's end

 
Recent Retail Headlines
Dollar Retailing Seeing Good Times
The Dow Jones index took something of a dive yesterday, possibly because of ill tidings from the likes of Time Warner and Intel, or the anticipation of bad job market numbers, or maybe because it was time to yo-yo back to roughly where the market started at the beginning of the year. In any case, the Dow was down 245.40 points, or 2.72 percent, while the S&P 500 lost 3 percent exactly and the Nasdaq lost 3.23 percent.
Cushman Report: Even Manhattan Humbled in 2008 
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The News: Holiday Fallout, Public Confidence, Debt Loom
Now that 2008 is mercifully behind the retail sector, the question of what should be on the radar for 2009 is front and center. Conversations with industry veterans and research suggest that consumer spending, the economic policies of the new president and Congress, and fallout from the holiday shopping season will shape the retail sector for at least the early part of the year.
Ken Riggs The Expert: Structural Shift on the Way
Projections that fourth-quarter-2008 holiday retail sales would usher in despair not seen since the Great Depression had everyone on pins and needles. Although November reports indicated that seasonally-adjusted retail sales, excluding automobiles, were down slightly more than 4 percent from year-ago sales, recent figures from the International Council of Shopping Centers show December comparable store sales to have declined by only 1 to 1.8 percent. From some of the pre-December sales-report jitters, I would not have been surprised to see retail spending fall 10 percent as 2008 came to a close!
No Bottom Yet for Residential Market
Despite poor consumer confidence and sour housing numbers, U.S. equity markets had a fairly positive day Tuesday, with the Dow Jones index ending up 184.46 points, or about 2.17 percent, and the S&P 500 and Nasdaq up 2.44 percent and 2.67 percent, respectively.