Why Retail Rents Are Rising and New Supply Is Still Years Away

Retailers want to grow. The question is what they’ll pay for the right space. Retailers want more stores. Vacancy remains historically low. And meaningful new retail development is still years away. So what does that mean for the next five years of retail real estate? What are the forces today that are driving the future? At the center of the August What’s in Store conversation between CBRE’s…