Annual retail rent growth in the Detroit area of 3.1%, although declining in recent quarters, remains above the longer-term averages for the Motor City. However, not all areas in this market are performing the same, as some with the lowest rents earlier in the year are now experiencing the highest rent growth.
Retail Rent Growth Softens in the Motor City
Limited Pipeline Could Narrow Downside Expectations
CoStar Analytics
September 25, 2023 | 4:07 P.M.
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