The retail real estate industry has now been at war with the e-commerce sector for around a decade now and has been fighting an uphill battle for little more than half of that. When Covid-19 broke loose and the physical market space essentially shut its doors for well over six months, the retail real estate industry’s pre-existing problems began to manifest themselves in what felt like an instant.
How well a city’s real estate industry is doing is a tell-tale sign of the state their economy is in. This article uses the MarketBeat report by Cushman & Wakefield to analyze city economies and rank them as the top ten most affected cities by the Covid-19 pandemic. Sacramento came in at number eight mentioning Tauro’s move into the city.