retail vacancy rate malls real estate

Retail vacancy rate in the US forecast to decline

Eric Garland DataLab

This forecast by the National Association of Realtors and REIS supposes that the retail vacancy rate will continue to drop on a low, incremental basis in the next year or so.

Competitive Futures tracks retail trends around the world, and we maintain that the United States market is overserved by retail compared with almost every other industrialized nation.

Retail square footage per capita

Still, as retailers transform toward more dollar-store, low-end, low-service options, new market entrants are clearly taking advantage of the weaknesses of the retail sector exposed by the crisis of 2008.

This is a predictable competitive dynamic.