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Facing limited expansion options, retailers get creative, accelerate leasing in non-retail properties

Nearly 26 million square feet of non-traditional property leased in first nine months of 2025
Ground-floor retail spaces are increasingly included in multifamily and student housing, hospitality and office properties. (CoStar)
Ground-floor retail spaces are increasingly included in multifamily and student housing, hospitality and office properties. (CoStar)
CoStar Analytics
December 9, 2025 | 8:48 P.M.

Retail leasing for ground-floor spaces in non-traditional property types, including apartments, student housing, hospitality and office properties, has surged in 2025, marking a record-setting pace that's reshaping the landscape for retailers, developers and communities alike.

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News | Facing limited expansion options, retailers get creative, accelerate leasing in non-retail properties