Confidence in the retail commercial real estate market is on the rise in 2019, according to Marcus & Millichap. In its 2019 Retail North American Investment Forecast, the national brokerage firm points to a steady year of completions ahead, “on par with 2018.” The U.S. economy, it argues, is Strong due to tax-induced growth and a tight labor market. The future of brick-and-mortar retail development, the firm suggests, will be dictated by online competition. Retailers are now tasked with offering something that isn’t available via a quick Google search: service-oriented businesses, “from healthcare to fitness to dining and a variety of entertainment venues.” Even in the face of multiple big-box retailers closing up shop, property owners have managed to turn things around, filling the storefronts instead with retailers looking for a smaller space. Click to read more at www.rednews.com.