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The document analyzes the St. Louis retail real estate market in Q4 2025, reporting a 5.5% vacancy rate, asking rents of $13.36 per square foot, and negative annual net absorption of 278,000 square feet driven primarily by the Neighborhood & Community property type and the Illinois submarket. New construction activity reached its heaviest quarterly level since Q2 2020 with 302,000 square feet underway in Mid County (59.4% pre-leased), while the region's unemployment rate stood at 4.0% as of Q3 2025 amid broader economic indicators showing 1.7% GDP growth and 0.5% retail sales growth.

This is a market report published by Colliers in Q1 2026 covering the retail sector in Northeast Ohio, with a focus on the Cleveland area.

This is a first-quarter 2026 retail market report published by Colliers covering the Metro Detroit area in Michigan.

Cleveland's retail market in Q1 2026 maintained a 5.1% vacancy rate supported by limited new construction and tight supply, though demand softened with negative absorption of 623,000 square feet and rent growth moderated to 0.7%. Investment activity strengthened with sales volume reaching $140 million, as investors focused on grocery-anchored centers and net lease assets offering stable income despite broader economic uncertainty and demographic headwinds.

The Cincinnati/Dayton retail shopping center market experienced rising vacancy that reached 7.0% in Q1 2026, an 80-basis point year-over-year increase, with negative net absorption of 206,000 square feet and asking rents averaging $12.86 per square foot triple net annually. Economic indicators for the region included a 4.3% unemployment rate, 0.5% population growth, $83,609 median household income, and 2.2% GDP growth, while Greater Cincinnati ranked in the top 10 largest U.S. metropolitan areas for economic development projects with 110 total projects underway.

The Indianapolis retail market recorded net absorption of negative 18,000 square feet in Q1 2026 with an overall vacancy rate of 4.8%, while average asking rents increased 6.5% quarter-over-quarter to $17.97 per square foot triple net. As of Q4 2025, Indianapolis employment stood at 1.2 million with an unemployment rate of 3.4%, and the median household income reached $83,600.

Columbus's retail market maintained historically tight fundamentals in Q4 2025 with 3.0% vacancy and 423,000 square feet of absorption despite retailer bankruptcies and big-box relocations, supported by strong population growth and limited new supply of only 361,000 square feet under construction. Rent growth moderated to 3.8% year-over-year at $20.28 per square foot, while investment sales totaled $132 million at $157 per square foot with an 8.3% cap rate, reflecting stable investor demand anchored by constrained availability and durable demand drivers from the region's diversified economy and major new manufacturing investments.

Las Vegas retail vacancy climbed to 6.1% in Q4 2025 while asking rent increased to $2.06 per square foot, with the market recording $543.5 million in annual sales volume, a 54% year-over-year gain reflecting renewed liquidity and strengthened pricing at $283.57 per square foot. The metro economy added jobs with unemployment falling to 5.6%, median household income reaching $81,300, and Lifestyle Centers posting the strongest annual occupancy gains of 52,250 square feet as tenants gravitated toward amenitized, destination-oriented environments.

This is a retail market report published by Colliers at the end of 2025 covering the Columbus, Ohio market. The report presents fourth-quarter 2025 data and analysis for the retail sector in that geography.

Palm Beach County's retail market vacancy rate decreased 10 basis points year-over-year to 3.8% in Q1 2026, while average asking rent jumped 6.2% to a record $38.54 per square foot, driven by strong net occupancies and influx of top-of-market priced supply. Retail investment sales surged to $477.2 million in quarterly volume—the largest since Q2 2022—with cap rates averaging 6.1%, below the national average of 7.3%, reflecting strong investor demand fueled by wealth influx and limited available space.

This is a Q1 2026 market report on the retail sector in Minneapolis, published by Colliers in March 2026.

This is a first-quarter 2026 retail market report for Salt Lake County published by Colliers covering the retail sector in the Salt Lake City, Utah area.

This is a retail market data and figures report for Portland, Oregon published by CBRE in the first quarter of 2026. The report covers retail sector metrics for the Portland market as of March 2026.

Portland's retail market in Q2 2026 maintained a vacancy rate of 4.7% while average asking rents reached $2.02 per square foot per year, up 2.66% year-over-year, with the market recording positive net absorption of 45,624 square feet despite limited construction deliveries of only 10,004 square feet year-to-date. Investment activity strengthened significantly as average retail sale prices surged 92.12% year-over-year to $335 per square foot, while the development pipeline remained relatively steady at 514,643 square feet under construction and average cap rates declined to 6.6%.

This is a market report published by Colliers in March 2026 covering the retail sector in Utah County, with geographic scope including Salt Lake City, Utah, Arizona, and national markets.

Fort Lauderdale's retail market in Q3 2025 exhibits tight conditions with asking rents averaging $36 per SF, vacancy at 3.9%, and annual rent growth slowed to 1.1%, supported by strong tenant demand from fitness, grocery, and entertainment users despite minimal new supply of approximately 281,000 SF under construction. Retail investment sales reached $292 million over the past year driven by grocery-anchored and neighborhood centers, with the metro's economy remaining resilient supported by a median household income of $79,795, unemployment at 3.6%, and employment 5% above pre-pandemic levels.

This is a retail market report for Las Vegas published by CBRE in June 2025, covering the second quarter of 2025. The report provides a summary of market conditions in the Las Vegas retail sector.

Broward County's retail market ended Q1 2026 with a 4.0% overall vacancy rate (up 30 basis points year-over-year) and an average asking rent of $35.47 per square foot (up 1.6% YOY), with nearly 100,000 square feet of new space delivered and over 690,000 square feet under construction. Leasing activity declined for a third consecutive quarter to 443,000 square feet, net occupancy fell by 94,000 square feet, and mall vacancy reached a market high of 6.5%, though investment sales rebounded strongly to $227 million in Q1 volume with cap rates ranging from 5.5% to 6.5%.

This is a retail market report published by Colliers in March 2026 covering the Raleigh-Durham area of North Carolina.

This is a first-quarter 2026 retail market report for Jacksonville, Florida published by Colliers covering conditions in the local retail sector.

Jacksonville's retail market delivered nearly 695,000 square feet of new space over the past 12 months while vacancy increased 50 basis points year-over-year to 5.1%, with annual asking rent growth slowing to 1.7% and averaging $26.08 per square foot as of Q1 2026. Investment sales totaled near $730 million across more than 420 transactions with an average price of $193 per square foot, while demand declined from the prior year with net occupancy losses of 90,500 square feet, though St. Johns County remained the strongest performer with over 113,000 square feet of absorbed space.

This is a retail market report for the Raleigh-Durham area published by Colliers at the end of the fourth quarter of 2025. The report covers retail sector conditions in this North Carolina market.

This is a retail market report published by JLL in June 2025 covering market dynamics in Nashville, Tennessee during the second quarter of 2025.

Orlando's retail market in Q1 2026 showed strong performance with net absorption of approximately 540,000 square feet over the preceding 12 months, vacancy near historic lows at 3.9%, asking rents at $31.19 per square foot reflecting 5.4% year-over-year growth, and sales volume reaching $523 million. The market remained structurally undersupplied with only 1.17 million square feet under construction, mostly preleased, while leasing activity rose more than 15% year-over-year despite tenant expansion constraints from limited availability.

Tampa's retail market in Q1 2026 maintained a 3.7% vacancy rate near historic lows despite negative net absorption of approximately 80,000 square feet driven by store closures and bankruptcies, while asking rents averaged $27.00 per square foot with continued quarterly growth supported by a constrained construction pipeline of roughly 800,000 square feet, most of which was preleased. The metro's strong fundamentals reflected population growth exceeding 3.4 million residents, unemployment at 3.9%, and broad tenant demand across grocers, discount retailers, fitness, and medical users, with annual investment sales volume reaching approximately $1.6 billion at a cap rate around 6.7%.

Cushman & Wakefield's Tampa Bay retail market report for Q1 2026 shows that vacancy inched up 50 basis points year-over-year to 3.8% while remaining below the national average of 5.9%, with average asking rent rising 1.7% to $27.02 per square foot. Tampa's retail investment market recorded $324 million in total sales (up 6.9% year-over-year), ranking third-highest in Florida, with Q1 leasing activity reaching 813,000 square feet and nearly 92% of investment deals closing below $5 million.

Orlando's retail market in Q1 2026 experienced supply-side constraints with only 857,000 square feet of new space delivered over the past 12 months while overall vacancy remained under 4.0%, driving average asking rents to $31.29 per square foot, a 5.1% year-over-year increase that outpaced the national average. The investment sales market remained resilient with $1.5 billion in transaction volume over the last 12 months (a 4.8% year-over-year increase), though retail demand contracted with 155,000 square feet of net occupancy losses in Q1, with cap rates ranging between 5.0% and 7.0%, below the national average of 7.3%.

The Orange County retail market in Q2 2026 showed a vacancy rate of 3.8%, average asking rents of $2.72 per square foot per month, positive net absorption of 240,744 square feet, and an average sales price of $572 per square foot, with major transactions including the sale of 43 Auto Center Drive for $49.9 million and Burlington's 26,395-square-foot lease at Von Karman Plaza. Construction activity included 284,179 square feet under development and year-to-date deliveries of 85,425 square feet, with major projects scheduled for first-quarter 2027 completion.

Kidder Mathews' first-quarter 2026 retail market report for the Inland Empire shows a vacancy rate of 6.3%, up 30 basis points year-over-year, with average asking rents declining 1.59% to $1.71 per square foot per month and average sales prices falling 17.85% to $285 per square foot. Construction deliveries totaled 268,162 square feet with net absorption of 287,027 square feet, while significant transactions included the sale of AMC Victoria Gardens 12 for $40.8 million and lease activity from retailers including Ross Dress for Less and Walmart Depot.

This document is a landing page for Cushman & Wakefield's Silicon Valley MarketBeat reports covering Q1 2026 across office, industrial, retail, and R&D property sectors. The page presents first-quarter 2026 vacancy rates: office at 18.8%, industrial at 6.4%, retail at 4.9%, and R&D at 13.0%, along with links to detailed reports on each sector and related Bay Area life sciences and investment market data.

San Antonio's retail market maintained a 4.2% vacancy rate in Q1 2026, with positive net absorption of 337,549 square feet (down 14.8% quarterly but up 15.5% annually) and average rental rates of $19.45 per square foot NNN (up 0.4% quarterly but down 3.5% year-over-year). Leasing activity totaled 556,633 square feet, deliveries reached 390,389 square feet, and investment sales volume declined sharply to $244 million over the trailing twelve months with an average cap rate of 7.2%.

San Diego's retail market in Q1 2026 showed modest employment growth of 0.7% year-over-year with vacancy rising to 5.5% and countywide asking rents averaging $2.28 per square foot per month (NNN), up 4.1% year-over-year. Net absorption was negative at -93,261 square feet, with power centers and regional centers experiencing the largest occupancy declines, while healthcare, education, and leisure sectors provided employment stability despite below-historical growth projections for 2026 and 2027.

Orange County's office vacancy rate stood at 14.4% in Q2 2026, up 10 basis points quarter-over-quarter but down 340 basis points year-over-year. Industrial vacancy climbed to 5.1% in Q1 2026, rising 60 basis points quarter-over-quarter and 110 basis points year-over-year, while retail vacancy increased to 4.9% in Q1 2026, up 50 basis points quarter-over-quarter and 40 basis points year-over-year.

The Seattle retail market in Q1 2026 posted a vacancy rate of 4.0%, up from 3.3% year-over-year, with asking rents stable at $23.40 per square foot, while net absorption remained negative at -17.8K SF though improved from prior years. Smaller-format and service-oriented retail continued to outperform, construction deliveries totaled approximately 51K SF concentrated in suburban corridors, and investment activity remained measured amid selective capital deployment.

This is a retail sector data report published by CBRE on December 31, 2025, presenting fourth-quarter 2025 figures for Orange County, California. The report covers retail market metrics for the Orange County area within the broader Los Angeles and national geographic context.

This is a retail market data report published by CBRE on December 31, 2025, presenting fourth-quarter 2025 figures for the San Diego retail sector.

This is a market report published by JLL in June 2025 covering the Seattle retail sector as of the second quarter of 2025. The report appears to address retail market conditions and dynamics in the Seattle, Washington area with potential reference to national market context.

This is a retail market report published by JLL on June 30, 2025, covering market dynamics in Washington, D.C. during the second quarter of 2025.

Miami-Dade County's retail market in Q1 2026 showed vacancy rising 50 basis points year-over-year to 3.2%, below the national average of 4.4%, with average asking rent reaching $48.98 per square foot, up 1.1% annually. Leasing momentum improved with deal volume rising 26.9% year-over-year to over 708,000 square feet, though net occupancy losses totaled 394,000 square feet, while retail investment sales declined 15.8% to approximately $212 million, with capitalization rates averaging 5.8% unchanged from the prior year.

This is a Q1 2026 retail market data report published by CBRE covering Denver, Colorado. The report contains figures and metrics related to the retail sector in the Denver market during the first quarter of 2026.

The Phoenix retail market in Q2 2026 recorded a 4.5% vacancy rate with average asking rents of $1.78 per square foot per month, representing a 9.37% year-over-year increase, while 3.29 million square feet remained under construction and average sale prices reached $296 per square foot. Year-to-date net absorption totaled 590,640 square feet (down 62.23% from the prior year), construction deliveries reached 1.29 million square feet (down 9.75% from 2025), and average cap rates expanded to 6.5%.

During Q1 2026, multifamily net absorption in Phoenix reached 6,261 units, representing the strongest quarterly performance in at least the last 26 years. The total overall vacancy in the metro Phoenix retail market was 5.0% during the first quarter of 2026.

Austin's retail market experienced slowed activity in Q1 2026, with net absorption declining 92.3% to 26,230 square feet while vacancy rose 20 basis points to 3.6%, and leasing activity decreased 9.2% to 502,376 square feet. The construction pipeline grew 5.2% quarterly to 2.8 million square feet with deliveries down 60.7%, average asking rental rates marginally declined 0.3% to $26.40 per square foot, and investment sales volume totaled $144 million over the past 12 months at an average price of $288 per square foot.

Metro Atlanta's retail market in Q4 2025 showed tight supply conditions with a 4.5% vacancy rate and minimal construction activity of 28,172 square feet underway, while recording 1.8 million square feet of negative net absorption for the year despite healthy leasing activity of 3.7 million square feet. Overall asking rents accelerated 3.3% quarter-over-quarter to $19.19 per square foot, with South Cobb and Marietta posting the strongest annual increases at 31.3% and 20.9% respectively, while Buckhead commanded the highest rents at $46.11 per square foot.

This is a retail sector data report published by CBRE on March 31, 2026, presenting first-quarter 2026 figures for the Los Angeles market.

San Francisco's retail market improved in Q1 2026 with overall vacancy declining to 6.3% (down 70 basis points year-over-year) while asking rents held firm, supported by median household income of $160,900, retail sales growth of 4.4% year-over-year, and expanded leasing activity across fitness, entertainment, food and beverage sectors. Union Square specifically showed stronger recovery with vacancy falling to 20.0%, though the San Francisco Centre mall closed in January 2026 for multi-year redevelopment following years of declining occupancy and anchor tenant losses.

The Houston retail market in Q1 2026 maintained a vacancy rate of 5.5% with net absorption of 660,125 square feet and 497,340 square feet of new construction deliveries, while the construction pipeline increased 26.6% to 4.2 million square feet. Average asking rents rose 1.9% quarterly to $21.28 per square foot, leasing activity increased 1.0%, and Houston's unemployment rate was 4.2% in December 2025 with job growth of 0.4 percent adding 14,800 jobs during 2025.

Manhattan's retail market in Q1 2026 transacted over 1.2 million square feet with availability reaching a record low of 10.8%, driven by strong leasing momentum across corridors including Upper Madison Avenue at 3.4% availability and significant growth in food and beverage and apparel tenants. Market fundamentals remained supportive with median household income at $111,200 (up 3.2% year-over-year), tourism forecasted at 66.3 million visitors for 2026, and six of eleven submarkets recording rent increases, including Upper Fifth Avenue up 11.1% to $2,447 per square foot.

The Dallas-Fort Worth retail market experienced a substantial drop in net absorption in Q1 2026, with the vacancy rate increasing 20 basis points to 5.4%, while the under-construction pipeline rose 4.1% quarterly to 7.0 million square feet with 75% pre-leased. Average asking rental rates increased 0.9% quarter-over-quarter and 7.3% year-over-year to $21.23 per square foot, with premium rents in North Central Dallas, Central Dallas, and East submarkets, while construction activity concentrated in northern and southwestern Dallas submarkets aligned with housing growth.

This is a quarterly report published by CBRE on March 31, 2026, presenting retail market figures and data for Manhattan in the first quarter of 2026.

This is a retail market data report published by CBRE on September 30, 2025, presenting third-quarter 2025 figures for the Dallas-Fort Worth retail sector.

This is a market report published by JLL in June 2025 covering retail sector dynamics in the Los Angeles market during the second quarter of 2025.

This is a quarterly market report on the Atlanta retail sector published by Colliers in March 2026, covering first-quarter 2026 conditions.

This is a first-quarter 2026 market report published by Colliers covering the retail sector in Houston, Texas.

U.S. retail market fundamentals strengthened in Q4 2025 with net absorption reaching 3.4 million square feet—the strongest quarterly performance since Q4 2023—driven by discount retailers, grocery chains, and sporting goods stores backfilling vacant spaces, while the national vacancy rate finished at 5.7%, up 40 basis points from Q4 2024. Holiday sales grew 3.9%-4.2% year-over-year with 73% of purchases in physical stores, though new supply remained historically constrained at 10.2 million square feet for the full year, the lowest on record and 63% below the 2015-2019 average, while the under-construction pipeline of 12.7 million square feet represents the strongest level in five years with neighborhood centers driving 67% of activity.

U.S. retail net absorption turned marginally positive at 323,000 square feet in Q3 2025, though year-to-date absorption registered -13.1 million square feet, putting 2025 on track for the first negative-demand year since 2020. The national vacancy rate held steady at 5.8% from Q2 to Q3 despite rising 50 basis points year-over-year, while asking rents averaged $25.01 per square foot with growth slowing to 1.7% annually as consumer demand softens amid tariff impacts, muted job growth, and increased reliance on wealthy household spending.

The first quarter of 2025 saw U.S. retail commercial real estate experience negative net absorption of 5.9 million square feet, the weakest quarter since the pandemic onset, with the national vacancy rate rising 20 basis points to 5.5% as tariff-driven cost pressures and consumer uncertainty dampened leasing demand. Asking rents for shopping center space averaged $24.76 per square foot, representing a 2.3% year-over-year increase but a significant slowdown from early 2024 growth rates above 4.0%, with the market expected to see vacancy rates rise to 6.0-6.5% by early 2026 absent recession conditions.

The U.S. retail market experienced negative net absorption of 4.4 million square feet in Q1 2026, with vacancy rates holding steady at 4.4% despite historic lows in new supply and national rent growth slowing to 2.0%. Restaurants, discount retailers, and grocery operators led tenant expansion while apparel and electronics contracted, with institutional investors driving Q1 2026 transaction volume above $15 billion, the strongest first quarter since 2023.

This is a market report published by Newmark in June 2025 covering conditions and trends in the U.S. retail sector on a national basis for the second quarter of 2025.

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