Author Archives: marcusmillichap

Hessam Nadji is…

Shopping Centers Repurpose for Digital Age; Evolving Landscape Spawns Development Slowdown

AugustĀ 18, 2016 A sizable gain in e-commerce sales last month further illustrates the emergence of Internet-based commerce as a substantial force that is prompting a response from shopping center owners and developers. The continuing migration of sales online and shrinking footprints of many retailers are encouraging efforts to not only backfill vacant spaces but also […]

Economic Momentum Accelerates Behind Broad-based Hiring in July

August 9, 2016 Exceptional payroll growth in July and upward revisions to job gains in the preceding two months underline the persistent strength of the U.S. economy, which is now in its seventh year of expansion. Secondary indicators of labor market activity, including unemployment claims, the unemployment rate and wage growth, reinforce the strengthening trend […]

Brick-and-Mortar Retail Incorporates More Services with Products as E-Commerce Proliferates

July 22, 2016 The rise of Internet shopping as a destination hub is reshaping the economy, steering spending toward new sellers and platforms as product selection, delivery times and convenience improve. The ascent of this trend is spawning the creation of Internet-based businesses and pressuring traditional retailers to adapt as mobile commerce and online portals […]

Single-Family Home Sales and Building Advance; Hurdles to Faster Growth Persist

July 12, 2016 A modest advance in sales activity during the month of May put additional strain on for-sale inventory as the single-family housing market seems to remain caught in a loop that continues to prevent many prospective homebuyers from making a purchase. Sales of existing single-family homes are rising, but the low level of […]

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