ALBANESECORMIER ANNUAL REPORT 25

Overall, the 2025 retail real estate landscape in the United States continues to evolve with resilience and opportunity. Retailers are embracing a more integrated model; blending physical presence with digital innovation while prioritizing high-quality spaces that deliver meaningful customer experience beyond traditional shopping. At AlbaneseCormier, we view this transformation as a powerful opportunity. Demand for well-located, adaptable, and experience-driven properties remains strong, and the outlook is favorable for those who strategically navigate shifts in consumer behavior, technology, and market dynamics. We have never been more confident in the long-term value of premier retail assets and in our ability to identify, position, and elevate high- performing properties for sustained success.

Michael Albanese

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