Greater New York was the only metro in the U.S. where the value of retail real estate investment grew year-on-year in 2023. The value of capital allocated to retail real estate in Greater New York was over six billion U.S. dollars, an increase of about one percent from 2022. Atlanta and Chicago also received a substantial amount of investment (approximately two billion U.S. dollars), but that was a decline of about 40 percent year-on-year. The retail sector was one of the asset classes hit worst by the pandemic.
Leading metropolitan areas for retail real estate investments in the United States in 2023, by investment volume
(in million U.S. dollars)
The source adds the following information: "Tables ranked by highest percentage growth relative to prior trailing 4-quarter period among top 30 metros or regions by volume"
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CBRE Group. (February 7, 2024). Leading metropolitan areas for retail real estate investments in the United States in 2023, by investment volume (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1215484/leading-metros-for-retail-real-estate-investments-usa-by-investment-volume/
CBRE Group. "Leading metropolitan areas for retail real estate investments in the United States in 2023, by investment volume (in million U.S. dollars)." Chart. February 7, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1215484/leading-metros-for-retail-real-estate-investments-usa-by-investment-volume/
CBRE Group. (2024). Leading metropolitan areas for retail real estate investments in the United States in 2023, by investment volume (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1215484/leading-metros-for-retail-real-estate-investments-usa-by-investment-volume/
CBRE Group. "Leading Metropolitan Areas for Retail Real Estate Investments in The United States in 2023, by Investment Volume (in Million U.S. Dollars)." Statista, Statista Inc., 7 Feb 2024, https://www.statista.com/statistics/1215484/leading-metros-for-retail-real-estate-investments-usa-by-investment-volume/
CBRE Group, Leading metropolitan areas for retail real estate investments in the United States in 2023, by investment volume (in million U.S. dollars) Statista, https://www.statista.com/statistics/1215484/leading-metros-for-retail-real-estate-investments-usa-by-investment-volume/ (last visited December 21, 2024)
Leading metropolitan areas for retail real estate investments in the United States in 2023, by investment volume (in million U.S. dollars) [Graph], CBRE Group, February 7, 2024. [Online]. Available: https://www.statista.com/statistics/1215484/leading-metros-for-retail-real-estate-investments-usa-by-investment-volume/