For years, brands like IKEA and Lego have been ubiquitous on the retail scene in the United States. Recently, global brands like Mango (Spain), Uniqlo (Japan), and Zara (also Spain) have launched large expansion plans with American shoppers in mind.
Retail real estate has been enjoying its biggest revival in years as a direct reaction to pandemic-related behaviors.
We work in the multifamily space and while inflation and interest rates have created a challenging environment for commercial real estate, transactions have and still will continue taking place with great success. Real estate can remain an attractive way for investors to stabilize portfolios in this environment, but with certain extra steps taken to protect investments.