|
|
4/10/24
|
Yohar Renaud and Kyle Herting have joined CBRE’s retail practice in Seattle. They both join as Vice President and specialize in retail leasing across Washington, Oregon and Idaho.
The retail sector is undergoing a transformation. According to CBRE’s 2024 U.S. Real Estate Market Outlook, demand for open-air suburban retail centers will increase at a faster pace than other retail formats, as traditionally mall-based retailers explore new formats for expansion. Meanwhile, CBRE Research forecast that retail sales growth nationally will moderate in 2024 to around 2.6% due to reduced consumer spending and high interest rates.
Renaud has worked with retailers for nearly a decade to expand across the Pacific Northwest. Prior to CBRE, he was Senior Vice President at Mattis Partners.
Herting represents both retail landlords and tenants. Previously, he was a Senior Associate at Mattis Partners.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate