Thread: Coming Collapse of Commercial Real Estate is Already Here

The Coming Collapse of Commercial Real Estate is Already Here, Says Davidowitz

Feb 01, 2011 10:19am EST by Stacy Curtin
107 comments
Video at the Link worth watching

The U.S. consumer may be on the mend as we head further into 2011, but the same story of resurgence does not apply to many of the U.S. big-box retailers. http://tinyurl.com/4f5fhuz

From Wal-Mart to Sears to Target to Best Buy, if you look at what is happening in the retail space, "it looks pretty scary," says retail expert Howard Davidowitz. http://tinyurl.com/4gt97v8

Wal-Mart -- the world’s largest retailer – has seen six consecutive quarters of negative same-store sales and is now looking to put the majority of its investment capital towards emerging markets.

In the case of Target and Best Buy, they both recently missed major key earnings expectations. Making matters worse, Best Buy “tankedâ€

A coming collapse in commercial real estate has been looming for the last couple years, but Davidowitz thinks it has already begun.

Pretty obvious it has around here. Lots of empty stores of all sizes everywhere!