The retail sector has demonstrated remarkable resilience since the great financial crisis, in part due to minimal new construction post-2010 and ongoing reinvestment in well-performing centers, said Brandon Isner, head of U.S. retail research at Newmark, in an interview with IREI. He highlighted the growing importance of technology integration, multi-channel retail strategies, and adapting store locations to evolving consumer behaviors. Despite recent store closures and some vacancy, Isner views these challenges as opportunities, believing retail is entering a new era of increased productivity.
What are your overall views on the retail sector’s resilience
I’m bullish on retail. I think retail remains in very good shape. It’s overcome a lot of adversity — not just in the last five years, but over the last 15 years as well.
One of the main things that’s helped retail real estate