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Strong Retail Leasing Recovery Reveals Opportunities and Risks for Investors

Smaller Shopping Centers Perform Best, Power Centers Bounce Back and Even Malls Show Signs of Improvement
Retail sales in brick-and-mortar stores have bounced back as the share of spending taking place online has fallen sharply since peaking in mid-2020 as consumer preferences continue to shift back to in-person shopping. (Getty Images)
Retail sales in brick-and-mortar stores have bounced back as the share of spending taking place online has fallen sharply since peaking in mid-2020 as consumer preferences continue to shift back to in-person shopping. (Getty Images)
By Kevin Cody
CoStar Advisory Services
12 April 2022 | 13:41

Monthly retail leasing has averaged above pre-pandemic levels for 12 of the past 13 months. This strong recovery in leasing, together with limited construction of new retail space and a sharp drop in store closures, has improved the overall performance of the retail property sector.

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News | Strong Retail Leasing Recovery Reveals Opportunities and Risks for Investors