CBRE's Levy: Retail Has Done Well in the U.S.

The video discusses the performance of luxury retail as a leading asset in commercial real estate over the past seven years, highlighting rising rents and market dynamics in global cities like New York, London, and Hong Kong. It explores the impact of increasing wealth and new market entrants, particularly from China, on luxury spending. The video also examines secondary markets in the US, such as Seattle and Denver, and the balance between flagship stores and online sales in luxury retail strategies.

What factors have contributed to the rise in luxury retail rents over the past seven years?

What are the similarities between luxury retail markets in New York and other global cities like London and Hong Kong?

How has the luxury spending trend in China changed from 2000 to the present?

What challenges are luxury retailers facing in secondary and tertiary markets in the US?

In what ways do retailers assess the value of flagship stores compared to online sales?