2021 Retail Investor Survey Report

INTRODUCTION

Cushman &Wakefield’s Retail Investment Advisors surveyed approximately 150 investors in mid-February 2021 and this report incorporates the results of that survey. It is clear from the survey that there are mixed opinions about where the industry is presently but there exists undeniable commonalities including; a robust pipeline of leasing activity, concern with movie theaters regarding uses, and a “smaller is better” mentality when it comes to the ideal acquisition. We suspect that as the country reaches herd immunity in the next 3 to 6 months, investor appetite for large deals will return. Respondents believe cap rates will rise on non-grocery anchored centers and stay the same on grocery anchored centers while the debt markets will not fully recover until sometime in 2022. The Southeast appears to be at present the favored region within the U.S. for investing due to less restrictive pandemic policies translating to healthier retail fundamentals relative to other regions. We hope you find this survey insightful and welcome any and all feedback and more than anything greatly appreciate your participation in order to make this possible. On to a better 2021!

Chicago, IL

New York, NY

East Rutherford, NJ

San Francisco, CA

Washington D.C.

Atlanta, GA

Phoenix, AZ

Miami, FL

Dallas, TX

RIA Team

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