Michigan Retail Center Welcomes 11 New Tenants
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: $5.4B across 90 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
RiverTown Crossings, an indoor shopping mall and entertainment destination in Grandville, Michigan, is expanding its offerings by adding 11 new tenants, bringing a mix of retail, dining and entertainment options to th…
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