Benchmark shuts down wholesale division Eleven Mortgage, says it will focus on retail
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed retail deal value tracked in September 2026: $5.7B across 97 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
The company announced the wind-down of its wholesale and correspondent channel
External link. Real Estate Trail does not republish source content.
Related coverage — Retail
New York People and Company News, Week of Nov. 13, 2026
CBRE has hired Matt Ogle as an EVP within its New York retail business. Ogle will focus on tenant and landlord representation across the New York market. Having begun his real estate career at CBRE more than two decad…
News | Former ITC Crossing shopping center in North Jersey sells again
DLC, Cohen & Steers Acquire Open-Air New Hampshire Center in Off-Market Deal
DLC, an owner and operator of open-air shopping centers, has completed the off-market acquisition of West Street Shopping Center, a 206,319-square-foot grocery-anchored shopping center in Keene, NH, in a joint venture…
Not Your Grandparents’ Vending Machine
Alejandro Gonzalez, Pharmabox, AmeriKiosk and SmartBox Retail An empty lobby wall or a quiet corner near restaurants or food courts might be just vacant space to some. Not according to Alejandro Rodriguez. From his po…
DISCOVERING KING TUT'S TOMB OFFICIALLY OPENS AT MALL OF AMERICA® THIS WEEK
Get Tickets Now to Experience Archaeology's Greatest Breakthrough with the Entire Family This Holiday Season MINNEAPOLIS, Nov. 12, 2026 /PRNewswire/ -- The acclaimed immersive exhibition, Discovering King Tut's Tomb,…