Every month, we reach out to retail industry leaders in order to gain their perspective on the market. This month, we asked: What are your retail tenancy trend forecasts for 2023, and why?

Brian Katz, CEO, Katz & Associates
We are seeing continued momentum heading into 2023. Pursuit of high-quality sites is very competitive given the historically low vacancy across several categories, including drive-thru, junior anchor and large format. Despite the lack of current inventory, highly anticipated store closings are slowly making their way to the market, and in most cases, being leased proactively and well in advance of the closure. We are seeing these trends in all of our offices along the East Coast and Midwest, and are cautiously optimistic that the macroeconomic headwinds in the economy will not have a major impact on retail growth.





















