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Demand for retail space surges in recent months

Fewer move-outs and steady backfill leasing activity support strong demand for store space
A TJ Maxx store at the Shoppes at Deerfield in Deerfield Beach, Florida. Demand has increased from discount retailers. (CoStar)
A TJ Maxx store at the Shoppes at Deerfield in Deerfield Beach, Florida. Demand has increased from discount retailers. (CoStar)
CoStar Analytics
January 12, 2026 | 8:13 P.M.

Retail real estate demand surprised to the upside in the final quarter of 2025, as retailers absorbed more than 12 million square feet of space.

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