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Retail construction holds near post-pandemic lows

Store space additions restrained as development economics limit ground-up projects
A rendering of Resaca Market, a 500,000 square-foot lifestyle center, under construction in Edinburg, Texas.
A rendering of Resaca Market, a 500,000 square-foot lifestyle center, under construction in Edinburg, Texas.
CoStar Analytics
July 12, 2026 | 9:39 P.M.

Retail space availability is historically tight across most U.S. markets, with low vacancy, limited second-generation space and steady tenant demand contributing to rent increases.

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