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January 31, 2018  

Retail Sales Tumble 36%; Eastdil Tops Again

Sales of large retail properties fell off a cliff last year, plunging 36% to the lowest level since 2011, as new waves of store closings and bankruptcies spooked investors.Eastdil Secured retained its title as the top brokerage, increasing its market share even as its volume declined. Meanwhile, CBRE reclaimed second place from HFF, which slipped to third in the annual ranking.Some $20.5 billion of shopping centers and malls worth at least $25...

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