Eight of the top 10 markets for the strongest retail rent growth last quarter were in the Sun Belt, including two that happen to be in the Southwest and at higher elevations: Las Vegas and Phoenix.
Only two Southwestern markets crack the top 10 for retail rent growth
Demographics and near-record low space availability fuel gains over past 12 months
CoStar Analytics
September 2, 2025 | 5:35 P.M.
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