Q2 2020 | Houston Retail | Research & Forecast Report
Houston's retail sector negatively impacted by COVID-19 in Q2 and through the near-term
It is no secret that retail has taken one of the hardest hits by the economy's shutdown, surpassed only by hospitality. A closer look at the restaurant industry, in particular, reveals this sector is doing what they can but are hanging by a thread. COVID-19 is causing a 'survival of the fittest' effect in our restaurant community, restaurants are making changes to stay afloat, and we are finally seeing a shift to favor tenants here in Houston.
In today's environment, it is not a matter of making profits for most restaurants;
Regarding QSRs, we foresee that COVID-19 will radically... To read the full report, click here: https://www2.colliers.com/
Lisa Bridges | Director of Market Research