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Demand for retail space keeps rising despite limited availability

Sector shrugs off concerns in second quarter as retailers remain in expansion mode
New retail space preleased to tenants include this Scheels sporting goods superstore in Meridian, Idaho, with an aquarium, a café and a 65-foot Ferris wheel in the store. (CoStar)
New retail space preleased to tenants include this Scheels sporting goods superstore in Meridian, Idaho, with an aquarium, a café and a 65-foot Ferris wheel in the store. (CoStar)
CoStar Analytics
September 6, 2024 | 7:30 P.M.

While concerns over an increase in store closing announcements dominated headlines, retail tenants remained firmly in expansion mode during the second quarter.

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