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CoStar Insight

US retail property forecast remains broadly balanced as market dynamics shift

Limited supply additions offset vacancy pressure from seasonal move-outs
A retail property under construction at 99th Avenue and Van Buren in the Phoenix suburb of Tolleson, Arizona. The building is one of six in the new neighborhood center, which is fully leased prior to delivery. Limited retail construction activity and significant pre-leasing are helping to keep supply and demand balanced.
A retail property under construction at 99th Avenue and Van Buren in the Phoenix suburb of Tolleson, Arizona. The building is one of six in the new neighborhood center, which is fully leased prior to delivery. Limited retail construction activity and significant pre-leasing are helping to keep supply and demand balanced.
CoStar Analytics
April 29, 2026 | 4:23 P.M.

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The U.S. retail market entered the second quarter of 2026 with supply and demand remaining broadly balanced, following a seasonally weak first quarter marked by elevated retailer move‑outs.

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