The net absorption of retail real estate in the United States amounted to approximately four million square feet in 2022 and was projected to increase until 2027. The most space is to be absorbed in 2024, when the amount of space physically occupied, minus the space vacated was forecast to reach 8.7 million square feet. In the first quarter of 2023, some of the markets with highest retail real estate demand were Houston, TX, New York City Metro, NY, and Charlotte, NC.
Retail real estate net absorption in the United States in 2022, with a forecast until 2027
(in million square feet)
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Net absorption in million square feet
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Moody's Analytics. (February 16, 2023). Retail real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/194105/us-retail-net-absorption-forecasts-from-2010/
Moody's Analytics. "Retail real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet)." Chart. February 16, 2023. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/194105/us-retail-net-absorption-forecasts-from-2010/
Moody's Analytics. (2023). Retail real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/194105/us-retail-net-absorption-forecasts-from-2010/
Moody's Analytics. "Retail Real Estate Net Absorption in The United States in 2022, with a Forecast until 2027 (in Million Square Feet)." Statista, Statista Inc., 16 Feb 2023, https://www.statista.com/statistics/194105/us-retail-net-absorption-forecasts-from-2010/
Moody's Analytics, Retail real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet) Statista, https://www.statista.com/statistics/194105/us-retail-net-absorption-forecasts-from-2010/ (last visited July 23, 2024)
Retail real estate net absorption in the United States in 2022, with a forecast until 2027 (in million square feet) [Graph], Moody's Analytics, February 16, 2023. [Online]. Available: https://www.statista.com/statistics/194105/us-retail-net-absorption-forecasts-from-2010/