Grocery-anchored and service-oriented retail centers are in high demand, and many expect the market to get hotter. Retail sales are headed for a comeback and with it the investment sales market for strong-performing multi-tenant retail centers. Palomar’s Steve Collins, Ryan McArdle, and David Rivers give insight into SCB’s March 2021 issue, “Moving the Market.”
There has been a significant increase in commercial intent for searches across Google since the outbreak of COVID-19. Google is releasing data on how consumers have been searching on its properties, including Google Search, Google Maps and YouTube, since the COVID-19 pandemic in March 2020.
Consumer confidence surged in March as Americans grew more optimistic about the economy and labor market. The Conference Board’s Consumer Confidence Index rose in March to its highest reading in a year, after a modest increase in February.
An entertainment concept that combines tech-infused mini-golf with food and drink is set to open its first U.S. location. Puttshack will make its U.S. debut in Atlanta, at a new mixed-use development The Interlock, on April 21.
While the pandemic battered the economy, tech companies and consumer companies powered by digital technology stood out as islands of growth. But with coronavirus cases and deaths falling and the overall economic outlook improving, investors are starting to turn elsewhere.
Total nonfarm payroll employment rose by 916,000 jobs in March, the U.S. Bureau of Labor Statistics reported Friday. The unemployment rate fell to 6%. Leisure and hospitality employment grew by 280,000 jobs in March, which is credited in part to the easing of coronavirus pandemic-related restrictions