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January 30, 2019  

Retail Sales Decline 2%; CBRE Takes Top Spot From Eastdil

Sales of large retail properties dipped by 1.6% last year, while CBRE snatched the brokerage crown from perennial champion Eastdil Secured.Some $21.7 billion of retail properties worth at least $25 million changed hands, down from $22.1 billion in 2017, according to Real Estate Alert’s Deal Database. It was the third annual decline in a row, although much smaller than 2017’s 31% plunge. Volume was the lowest since 2011 — and 39%...

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