Retail Leasing Outlook Remains Positive as Industry Wraps Up Annual Conference

The U.S. retail sector continues to benefit from robust consumer spending, which is pushing many retailers to selectively expand despite increasing concerns over inflation and a potential economic slowdown. Retail leasing activity for April is expected to exceed 20 million square feet for a second consecutive month, with demand for more space driven by a broad range of retail categories including discounters, home goods, off-price retail, food and beverage, and experiential.