Marcus & Millichap

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Salt Lake City Retail Investment Forecast

Retail
Outlook 2019

Construction falls off as demand stays firm. Development reached the highest level since 2012 last year and will decline to the lowest rate during the current economic expansion. No major developments are on the horizon, so the likelihood that construction picks up again this cycle is low.  More

Sacramento Retail Investment Forecast

Retail
Outlook 2019

Household formations bolster consumer spending, preserving retailer demand. The past five years represented a span of notable expansion for Sacramento as the metro’s populace climbed by 120,000 total residents. Relocations in search of well-paying jobs and a lower cost of living were largely to credit for this period of strong in-migration, which elevated consumer demand.More

Riverside-San Bernardino Retail Investment Forecast

Retail
Outlook 2019

Stretch of positive net migration warrants retailer expansions. The Inland Empire underwent significant population gains during the past five years, growing by 250,000 residents. An inflow of individuals and households to the area in search of jobs and lower housing costs were largely to credit for this spike in resident count. More

Raleigh Retail Investment Forecast

Retail
Outlook 2019

Residential growth bolsters robust retail sector. Raleigh ranks among the top five metros nationwide in terms of the percentage of population gain this year. Many people are moving into the region for employment opportunities and roughly 30,000 additional workers will be hired during 2019.More

Portland Retail Investment Forecast

Retail
Outlook 2019

Portland’s supply constraints deepen as vacancy dips below 3 percent. The underlying market fundamentals in the metro paint an attractive picture for retail operators. Job growth, retail sales and most other indicators of space demand are healthy, though improvement has fallen into a sustainable range. More

Pittsburgh Retail Investment Forecast

Retail
Outlook 2019

Moderated development helps normalize rent gains. Pittsburgh’s household income growth should remain above the national rate in 2019, improving spending power and enticing more retailers to western Pennsylvania. Because of this, market vacancy is expected to drop, keeping the rate one of the lowest in the nation. More