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Super Sun Belt Markets Phoenix and San Antonio Lead in Retail Demand

Demographics and Economic Momentum Sustain Market Performance
September 13, 2023 | 5:13 P.M.

The retail sector remains a bright spot in the broader commercial real estate landscape, as healthy consumption patterns keep tenants in expansion mode. Nearly every major U.S. market had more retail space occupied than vacated in the 12 months ending in the second quarter, though the pace of expansion is notably easing.

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