CBRE Research: Retail sales up; industrial absorption continues

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Retail development remained strong in the third quarter, with over 187,000 square feet delivering in the quarter and nearly 964,000 sf underway, according to CBRE Research.

Retail investment volume picked up in Q3 2016, increasing more than 70 percent quarter over quarter. More $159.1 million traded hands during the quarter for an average of $270.78 per sf year to date.

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