10Y UST5.18%+1.37%30Y MTG7.03%+1.15%SOFR3.90%+0.52%VNQ$90.65-0.37%XLRE$41.38-0.42%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Business North Carolina · Retail

Waterstone Properties pays $87 million for Matthews shopping center

Via Business North Carolina · September 28, 2026
Compiled by Real Estate Trail Editorial · September 28, 2026

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: $5B across 79 reported transactions. All Retail coverage →

Computed from Real Estate Trail’s own tracked coverage

Read the full article at Business North Carolina →

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