Retail in DC Showing Signs of Weakness As Sector Undergoes Changes

As discussed in the second-quarter market webinar, experiential retail, mixed-use developments and online shopping are changing Washington, D.C.’s retail market. As a result, the commercial real estate fundamentals in metropolitan D.C.'s retail sector are showing weakness. Aging suburban shopping centers are seeing the worst of it, with high concentrations of companies announcing store closures of late.