Real gross domestic product increased at an annual rate of 1.6 percent during the first quarter of 2024. While this is a deceleration from the 3.4 percent rate from the final quarter of last year, the economy still grew in several areas. U.S. residents continued to spend robustly, with final [...]
Consistent spending and foot traffic at grocery stores over the past 24 months has the sector in a position of strength. While consolidation and increasing competition from discount retailers are concerns, regionality and strong tenant demand remain apparent. These dynamics, along with tight vacancy and limited construction, will benefit owners [...]
Consumers set a new benchmark for quarterly retail sales volume in the first three months of 2024 — roughly $1.55 trillion. Spending during the January-March span was up 3 percent when compared to the same period last year, despite slackening consumer confidence. This recent rise in spending occurred alongside consumers [...]
Unexpected Jump in Prices May Push Rate Cut Timeline Mounting costs for gasoline and electricity kept overall inflation elevated over the 12-month period ending in March. The headline CPI measure grew by 3.5 percent during the span, ticking up as the energy index moved into positive territory for the first [...]
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a LongHorn Steakhouse in Denton, Texas according to Tim A. Speck, division manager in the firm’s Dallas office.
Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a Chick-fil-A in Dallas, Texas according to Tim A. Speck, division manager in the firm’s Dallas office.
