“We’re seeing a slowdown in our order intake in the construction sector, and those customers are typically the fastest to react,” said Rob Van Gils, CEO of Hammerer Aluminum Industries.
Ghost kitchens were a pandemic winner. But with people coming back to indoor dining and starting to watch their spending, the sector is experiencing some growing pains.
After surging 11.4 percent over the past 12 months, the median national rent for a one-bedroom apartment rose just 0.5 percent in June, according to data from rental marketplace Zumper.
With human interaction cited among the main reasons for workers to go into the office, landlords are focusing on common spaces and gyms.
The next few years are set to see a significant ramp-up in new outlet center construction. But outlet center tenant mix is changing to reflect a new focus on experiences.
