2018 National Retail Absorption
- Jun 19, 2018
Net absorptions decreased for retail markets in most regions in the first quarter of 2018, compared to the same period in 2017, the most notable decline coming from the Northeast by 51.9 percent, followed by the South (down by 44.6 percent). The most minor change came from the West, with only a 5.6 percent increase year-over-year. Retail net absorptions inched down by 38.2 percent on a national level. Compared to the same interval in 2016, national rates dropped by 33.6 percent.
Forecasts for the first quarter of 2019 show that office net absorptions are projected to increase in some regions. The most significant change is expected to take place in the Northeast (up by 26.9%), followed by the South (up by 17.8 percent). The Midwest is set to experience a slight decrease of 3.0 percent, while net absorptions in the West are projected to decline by 0.8 percent.
—Posted on June 19, 2018
Net absorptions for retail markets decreased in every region in the fourth quarter of 2017 compared to the same period in 2016. Retail net absorptions dropped by 48.8 percent in the Northeast, which registered the most significant decrease, followed by a 46.2 percent decline in the South. The smallest change came from the West, with only an 8.2 percent decrease year-over-year. On a national level, retail net absorptions fell by 39.8 percent. Compared to the same interval in 2015, national rates dropped by 33.6 percent. Forecasts for the fourth quarter of 2018 show that retail net absorptions are expected to increase in almost every region, with the most relevant change projected to take place in the Northeast (up by 36.3 percent), while the West will experience a mild decrease (down by 1.0 percent).
—Posted on Mar. 20, 2018
Net absorptions for retail markets decreased in all regions in the third quarter of 2017, compared to the same period in 2016. The Northeast posted the most significant decline at 57.3 percent, while the Midwest dropped by 51.5 percent. Retail net absorptions fell by 48.6 percent on a national level. Vacancy rates remained unchanged for retail markets year-over-year, except for the Midwest, where vacancies fell from 5.6 percent to 5.5 percent in the third quarter of 2017.
Forecasts for the third quarter of 2018 show that retail net absorptions will increase in every region, with the most relevant change expected to take place in the Northeast (up by 57.3 percent), followed by the West (43.3 percent).
—Posted on Dec. 30, 2017