Brandon Svec is the National Director of U.S. Retail Analytics for CoStar Group, where he guides the firm’s research and analysis on the U.S. retail real estate market. Prior to covering the national retail market, Brandon led CoStar’s analytic cover...
Brandon Svec is the National Director of U.S. Retail Analytics for CoStar Group, where he guides the firm’s research and analysis on the U.S. retail real estate market. Prior to covering the national retail market, Brandon led CoStar’s analytic coverage of the Chicago market. Brandon has extensive prior commercial real estate experience across multiple disciplines, including lending, portfolio management, private and public real estate fund analysis, research, and fund structuring. Brandon previously held Series 7, 24, and 66 securities licenses and received his MBA from DePaul University’s Kellstadt Graduate School of Business, where he concentrated in real estate finance and investment.
Retail leasing reached a structural turning point in 2025. For the first year on record, service-based retailers leased more space than traditional goods-based tenants.
The U.S. pharmacy sector is undergoing one of the most significant contractions in modern retail history, reshaping corners, intersections and neighborhood stores nationwide.
The U.S. retail property market entered 2026 on firmer footing, following a turbulent first half of 2025 marked by elevated store closings and more space vacated than newly occupied.
After two years of elevated distress among retailers, the pace of store closing announcements meaningfully downshifted in the second half of 2025, creating a healthier backdrop moving into 2026.
U.S. shopping centers have proven extremely resilient, having withstood e-commerce disruption, a global pandemic and the fastest increase in interest rates in decades. As we enter 2026, the recent ...
While many were calling for 2025 to be the year that the U.S. retail sector turned downward, it remained resilient in the face of rising closures and bankruptcies. In fact, the second half of this ...
U.S. retail real estate delivered another year of resilience in 2025, marked by a steady balance between supply and demand, despite pressure from increased store closings.
Retail leasing for ground-floor spaces in non-traditional property types, including apartments, student housing, hospitality and office properties, has surged in 2025, marking a record-setting pace ...
Retail real estate investment trusts turned in another strong quarter, with performance metrics and management commentary from the largest firms pointing to a sector that has not only stabilized, but ...
The U.S. retail market entered the final quarter of 2025 on firmer footing, following a turbulent first half of the year marked by elevated store closings and more space added than newly occupied.
Retail asking rents across the U.S. rose to a record last quarter, but the pace of rent growth has downshifted meaningfully, falling to its slowest in more than a decade.
Despite retailers' concerns over tariffs, a cooling labor market and rising occupancy costs, demand for store space remains robust. A clear indicator of this resilience is search activity on LoopNet, ...
Retail landlords are getting a boost not only from steady demand for stores fueling near-historic low vacancy and a dearth of available modern space. They are also benefiting from developers slowing ...
Retailers are navigating a complex landscape marked by rising costs from elevated tariffs as increasingly cautious consumers pull back on spending. However, retailers also keep leasing space at a ...
Recently released retailer earnings reports reinforced an increasingly bifurcated landscape with value-driven formats continuing to gain share while stores depending on discretionary spending faced ...
Restaurants, bars, and coffee shops are fueling the retail real estate market, accounting for nearly a fifth of all new leasing over the past year, as Americans spend record sums dining out despite ...