Retail real estate: Finding opportunities in retail spaces

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With the prospect of the Federal Reserve cutting current interest rates becoming more real, new opportunities could begin to arise for commercial retail estate in an easing rate environment.

Hines Global CIO David Steinbach joins Market Domination Overtime to give insight into why now may be the time for investors to get into retail real estate.

"When you look on the private side of where to invest right now, again, we think the market is well poised for a recovery. A lot of capital is focused on a lot of other sectors... so there's a dearth of capital for deals. It is going to be mostly grocery-anchored, open-air spaces that activate, they're experience-based," Steinbach tells Yahoo Finance. "Also spaces that have taken advantage of the omnichannel presence that a lot of online retailers have really used and still look at Whole Foods-Amazon (AMZN), that dynamic has driven footfall."

Steinbach suggests avoiding investing in projects requiring "massive renovation," such as closing mall spaces.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Nicholas Jacobino

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