The 2026 issue of X Team Insights is here! At X Team Retail Advisors, we remain steadfast in our mission to build a nationally integrated platform of best-in-class retail professionals. In a market that has moved from recovery to real momentum, our strength lies in the depth of local expertise paired with national reach—allowing us to anticipate trends, navigate complexity, and deliver results across every phase of the retail lifecycle.

As you’ll see throughout this issue, the curtain is up on retail’s next act. Demand is real and capital is back—but the market is sorting more sharply than it has in a generation, into clear winners, fading concepts, and a middle doing real work to defend its place. Service tenants now account for more than half of U.S. retail leasing for the first time on record, the closures of the last cycle are becoming the supply pipeline for the next decade of growth, and the operators winning today are the ones who know exactly what each store is supposed to do.

Let’s get into it.

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