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CoStar Insight

US retail property market exceeds expectations

Stronger leasing, limited supply prompt new revision of CoStar forecast
New retail construction remains mostly limited to a small number of high-growth markets and build-to-suit projects, such as this 120,000-square-foot project for Dick's House of Sport in Pennsylvania Real Estate Investment Trust's Cherry Hill Mall in Cherry Hill Township, New Jersey. (CoStar)
New retail construction remains mostly limited to a small number of high-growth markets and build-to-suit projects, such as this 120,000-square-foot project for Dick's House of Sport in Pennsylvania Real Estate Investment Trust's Cherry Hill Mall in Cherry Hill Township, New Jersey. (CoStar)
CoStar Analytics
August 11, 2026 | 7:45 P.M.

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The U.S. retail property market is outperforming expectations, prompting an upward revision to CoStar's retail forecast.

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