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Amount of Available Retail Space Falls to Lowest Level on Record

Demand and Supply-Side Factors Contribute to Tightening Retail Space Market
The U.S. retail market has experienced something of a Goldilocks period, where demand has been strong, but not strong enough to elicit the level of investor confidence to spur significant new development. (iStock)<br>
The U.S. retail market has experienced something of a Goldilocks period, where demand has been strong, but not strong enough to elicit the level of investor confidence to spur significant new development. (iStock)
CoStar Analytics
February 24, 2023 | 4:22 P.M.

Healthy leasing activity by retailers, combined with minimal store closures and very low levels of new construction have combined to push the amount of retail space available for lease down to its lowest level on record as of the end of 2022.

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News | Amount of Available Retail Space Falls to Lowest Level on Record