Daily News 10-20-2026

For the first time in 20 years, retail construction is trending up, according to JLL. This modest acceleration signals the start of a cycle that some industry players say will continue for the foreseeable future. To be fair, the cycle is mild; most forecasts call for up to 1% annual growth in ground-up retail through 2029. And yet some anticipate that this period of steady construction will be healthier than the overdevelopment prior to the Great Recession. “We’ve had a down retail…»

Western U.S. retail markets continue to witness flourishing leasing and investment activity. As in other parts of the country, the primary challenge for retailers and investors alike is finding supply to meet the demand, say SRS Real Estate Partners experts Scott Ellsworth and Gary Chou. In Arizona, Taiwan Semiconductor Manufacturing Company’s $265 billion investment to build six fabrication plants along with packaging and research and development facilities in the Phoenix…»

A lack of quality inventory is one of the prominent factors shaping the retail investment sales landscape. Simply put, there is more capital seeking retail opportunities than there are assets available for purchase, says Michael Marks, executive director of retail capital markets with Cushman & Wakefield in Chicago. Strong leasing activity and rising rents are bolstering investor confidence in the retail market, he adds. Amid historically low vacancy, U.S. retail asking rents grew 2.2…»

The U.S. economy may need to add fewer than 50,000 jobs per month to keep unemployment stable, according to a recent Marcus & Millichap report. The number represents a shift from the 100,000 monthly jobs that were previously required.

The reason? Marcus & Millichap said that demographic changes, rising worker productivity and reduced immigration are affecting labor market dynamics, which, in turn, will affect commercial real estate demand and investment. What the Job…»

As elevated mortgage rates continue to make homeownership more expensive, Arizona’s multifamily housing market could benefit from renters staying in apartments longer and a slowdown in new residential construction, according to a new research report from Marcus & Millichap. The commercial real estate firm’s October 2026 Housing Research Brief suggests that rising borrowing costs are creating a shift in housing demand that could favor apartment owners and…»