Retail Rents Falling From Manhattan To Los Angeles
PYMNTS
JANUARY 11, 2021
The study’s Retail Space Developer Sentiment Index, which runs from zero to 100 and counts readings above 50 as “optimistic,” fell to about 20 in San Francisco, the East Bay, Silicon Valley, Los Angeles, Orange County and San Diego as of June. Nationwide, Moody’s Analytics estimated that effective retail rents would fall 11.1
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