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The CRE ProjectAuthor: Clayton King
The CRE Project Podcast is a educational and informative platform for Commercial Real Estate Professionals. Rather youre just getting into the CRE business or youre a veteran in the industry, The CRE Project will benefit your practice in the CRE Field. We interview seasoned developers, brokers and professionals that have been successful in the CRE industry. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Tariffs, Debt & Store Closures: Garrick Brown’s No-Fluff Retail Outlook
Episode 35
Monday, 30 June, 2025
Is the economy heading toward a recession… or are we already in one and just don’t feel it yet?In this episode, retail real estate economist Garrick Brown breaks down the current economic climate and its ripple effects on consumers, developers, and investors. He tackles quirky contradictions in the market: why retail sales are holding steady despite sky-high credit card debt, how tariffs haven’t caused immediate pain but are a ticking inflationary time bomb, and why the construction slowdown might be more self-inflicted than cyclical. From rising interest rates to consumer spending patterns, Garrick dives into key metrics he’s watching closely—like year-over-year retail sales, restaurant trends, and credit usage—to predict what’s next. He offers sharp takes on howretail is evolving beyond traditional models, the dangers of overreliance on debt-fueled expansion, and how political and policy uncertainty is crippling market momentum. Plus, he reveals where growth might still be found and how investors can reposition themselves smartly in this environment. If you’re a commercial real estate investor, broker, developer, or even a retail brand navigating post-COVID uncertainty—this episode is a must-listen. Garrick'sinsights are invaluable for anyone trying to understand where the market is headed in the next 12–18 months and how to spot real opportunity in the noise.Don’t miss it.
