The evolution of retail continues and New Jersey is no exception. New Jersey Realtor Magazine interviews Karly Iacono, Associate Director of Marcus & Millichap’s National Retail Group, to get a detailed look on what we can expect moving forward in regards to retail development, rents, and property resale values.
NY/NJ Clients & Friends: Please join us June 13th for cocktails at the Upper Montclair Country Club as we discuss the risk and opportunity in today’s retail and multi-family markets. Estate planning and 1031 exchange experts will be on hand to answer questions. Space is limited. Please click below to RSVP. Click Here To RSVP
Rising take-home pay fosters retail momentum. Increased discretionary income stemming from tax cuts and a tight labor market are starting to materialize. Inflation-adjusted core retail sales recorded a 2.5 percent year-over-year increase for the fourth straight month, following an average of 2 percent expansion the previous 18 months. E-commerce sales continue to propel retail activity,… Read more »