NAI Inks Leasing Deal for Two Long Beach Retail Centers
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: $1.9B across 24 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
NAI Capital Commercial has been awarded the leasing assignment for two newly renovated, adjacent retail centers along Anaheim Street in Long Beach, California. David Maling will have the exclusive assignment. Located…
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