Consumers remain resilient as retail sales edge higher in October
Retailers maximize space efficiency as retail sales per square foot, excluding e-commerce, automobiles and gasoline, hit record high
U.S. consumers remained resilient in October and increased spending at retail and food service establishments by 0.4% in October per data released by the U.S. Census Bureau. And in...
Demand for US retail space remains positive despite increase in store closings
Retailers face increasingly challenging environment as consumer behavior changes
The U.S. retail property market remained resilient in the third quarter, marked by sustained, though slowing, demand growth. Retail tenants filled 5.2 million square feet of store ...
Retail CMBS loans behind on payments recede further
Low vacancy helps the sector’s progress
The amount of retail commercial mortgage-backed securities behind on payments receded again in July to the lowest point since delinquencies spiked in response to pandemic-era shutd...
US retail market grows even tighter than it looks
Fewer desirable options with available space concentrated in older properties in less popular areas
Conditions in U.S. retail property markets are historically tight, with just 4.5% of the total amount of retail space available for lease at the end of August.
Recent retail lease terms reflect tight market conditions
Landlords in position to obtain more favorable terms as these tenants compete for space
Retail tenants looking for space in today’s market are finding conditions more competitive than at any time in recent memory. The amount of retail space available to lease is near ...
Quick-service restaurants keep up rapid expansion across the US
Starbucks opened the most new locations in 2023, while Subway lost more ground
Whether it’s coffee, chicken sandwiches, or a rice and protein bowl, Americans are spending a record amount on food and drinks outside their homes.
Demand for retail space keeps rising despite limited availability
Sector shrugs off concerns in second quarter as retailers remain in expansion mode
While concerns over an increase in store closing announcements dominated headlines, retail tenants remained firmly in expansion mode during the second quarter.
Expanding Retail Tenants Remain Active in Hunt for New Locations
Second-Quarter Leasing Activity Jumps to Highest Level in Over Two Years
Retailers shook off numerous economic headwinds and signed leases for slightly more than 52 million square feet during the second quarter, an increase of more than 10% compared to ...
Retail Space Per Capita Keeps Falling
More Than 60% of Major Markets See Decline Over Past Decade
The U.S. retail market is navigating a complex landscape influenced by factors affecting both demand for retail space and new construction.
Shopping Center Owners Take Advantage of Rare Leasing Opportunity
Retail Landlords Capture Significant Rent Hikes When Leases Roll Over, Especially in US South and West
After nearly 15 years of navigating choppy waters, retail property landlords are finally having their time in the sun, with rent spreads rising to multi-decade highs on the back of...
Going, Going, Gone: Shopping Center Space Gets Snapped Up at Record Pace
Retail Landscape Shifts From Landlords Seeking Tenants to Tenants Competing for Space
After more than a decade of minimal shopping center development and still riding the tailwinds of the post-pandemic rise in sales, retail tenants are finding themselves in the unfa...
Demand for Restaurant Space in California Off to Slowest Start Since 2020
Restaurant Move-Outs Rise 20% in the First Five Months of 2024
After three consecutive years of record spending at bars and restaurants, fast food and casual dining and beverage establishments are facing tough decisions as operating costs rise...
Retail Rents Rising Briskly Across North Carolina’s Major Markets
Three of the Top Four US Markets for Retail Rent Gains Are Located in the Tar-Heel State
Buoyed by the combination of rising consumer spending and limited available space, asking rents for retail space across the U.S. increased by an average of 3.2% over the past year ...
Three Types of Businesses Largely Drive Retail Demand Resurgence
Quick Service Restaurants, Discounters and Sports and Hobby Retailers Increase Leasing Activity
You wouldn't know it from headlines focusing on recent store closings, but the overall U.S. retail sector has undergone a resurgence in the past couple of years, with vacancy rates...
Year-to-Date Store Closings Disproportionately Hit Malls, Freestanding Retail Sites
More Than 3,000 Store Shutdowns Announced in 2024, Less Than Touted Openings
Facing rising costs and a challenging capital environment, retailers increased store closing announcements by 20% year-to-date, per the Daily on Retail research report tracking ann...
Tight Market Conditions Prevail as Retail Industry Gathers for Biggest Event of the Year
Minimal Space Availability Top of Mind at ICSC Las Vegas 2024
ICSC Las Vegas, considered to be the pinnacle of retail real estate gatherings, has long been synonymous with deal-making, networking and industry buzz. As the nation emerges from ...
Assessing the Value of Macy’s Real Estate
Retailer Faces Range of Potential Outcomes as It Looks To Unlock Value of Property
Macy's senior management has acknowledged the need to unlock at least a portion of the value of the retailer's real estate holdings as it addresses a bid to buy the company.
Retail Supply and Demand Likely To Remain in Balance for Foreseeable Future
Minimal New Supply Underpins Tight Retail Forecast
The U.S. retail market has demonstrated remarkable resilience over the past three years, culminating in historically tight availability at the end of 2023 with the national average...
The Sweet 16 of US Retail Markets Square Off
Here's a Head-to-Head Look at Those Top-Performing US Areas
As the country’s top men’s and women’s college basketball teams compete to cut down the nets this month, CoStar is getting in on the madness with our inaugural CoStar Sweet 16 of U...
Retail Sector's Recovery After Great Recession Provides Playbook for Office Market
For Offices Facing a Structural Change in Demand, Retail Offers a Comparison — and a Path Forward
The Great Recession triggered massive upheaval across the commercial real estate industry, and no sector was hit harder than retail. Its travails and subsequent recovery over the p...