Marcus & Millichap posts retail real estate overview, outlook presentation
MMI•Retail supply conditions and 2026 outlook
Retail construction pullback was highlighted, with 2026 retail vacancy projected at 5% alongside 32 million square feet of completions.
Shift in sales mix toward nonstore retail
Sales mix shift was cited, with nonstore retail at 24.3% of total sales through June 2026, up from 20.9% in 2020.
Retail real estate framed as a “rebirth” theme
Marcus & Millichap outlined retail real estate as a “rebirth” theme, citing stronger post-pandemic demand and tighter space conditions.
2025 brokerage and financing metrics
- 2025 brokerage metrics: 6,038 sales transactions, $633 million revenue, $34.8 billion sales volume, 1,708 investment sales professionals.
- 2025 financing metrics: $104 million fee revenue, $11.9 billion loan origination volume, 1,659 transactions, 422 lenders, 100 financing professionals.
