Ten-X Retail Report: The Good Buys and the Bad Buys
ByPeter Muoio, Ten-X
Irvine & Silicon Valley, Calif.—Ten-X has presented its insight on the current state of the retail real estate sector with the release of its latest U.S. Retail Market Outlook. The online real estate marketplace highlights the top five metro areas where investors would be wise to buy—or sell—and why.
There’s nothing wrong with being predictable, especially in real estate. “Most of the results were anticipated, as retail fundamentals have been mostly tracking local economic performance throughout the cycle as the supply side has been muted, and there has been little variance as to market economic performance aside from Houston,” Peter Muoio, chief economist with Ten-X, told Commercial Property Executive…