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retail


U.S. Retail Rent Growth Slows as Market Returns to More Normal Conditions

U.S. Retail Rent Growth Slows as Market Returns to More Normal Conditions

U.S. retail rent growth slowed to its weakest pace in more than a decade during the second quarter of 2026. As of quarter-end, asking rents increased 1.6% year over year. […]

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Center City Philadelphia Continues Growth as Jobs, Housing, and Retail Activity Expand

Center City Philadelphia Continues Growth as Jobs, Housing, and Retail Activity Expand

Center City remains the economic and social core of Philadelphia. Each day, hundreds of thousands of people move through downtown streets, offices, restaurants, and public spaces. During the Center City […]

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Retail Rent Growth Slows to Lowest Pace Since 2014 as Market Normalizes

Retail Rent Growth Slows to Lowest Pace Since 2014 as Market Normalizes

Retail rent growth slowed in the first quarter to its lowest pace since 2014. As a result, the market is gradually returning to more balanced conditions. National asking rents increased […]

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Service Retailers Surpass Goods Retailers in Leasing for the First Time

Service Retailers Surpass Goods Retailers in Leasing for the First Time

Retail leasing reached a major turning point in 2025. For the first time on record, service-based retailers leased more space than goods retailers. Service tenants accounted for 50.4% of leasing […]

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Philadelphia Retail Space Hits Multi-Decade Low Amid Strong Demand

Retail Trends

Available retail space across Philadelphia remains near a multi-decade low after several years of strong demand. At the end of 2025, the market reported just 17.6 million square feet of […]

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Retail Leasing Rebounds in Q4 2025 as Occupancy Losses Slow

Retail Leasing Rebounds in Q4 2025 as Occupancy Losses Slow

Retail real estate demand exceeded expectations in the fourth quarter of 2025. Retailers absorbed more than 12 million square feet of space during the quarter. This performance marked a sharp […]

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Retail Performance in 2025

Five trends that shaped retail performance in 2025

Despite expectations of a downturn, the U.S. retail sector remained resilient throughout 2025. Performance held steady amid rising store closures and bankruptcies. The second half of the year emerged as […]

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Philly Retail Slows in City Harder Than Suburbs

Philadelphia's retail slowdown hits city rents harder than the suburbs

Retail rent growth in the Philadelphia region has cooled in recent quarters, reflecting a nationwide slowdown and the impact of widespread store closures from major retailers including Rite Aid, Party […]

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Aging Inventory Slows Retail Rent Growth in Philadelphia

Aging Inventory Slows Retail Rent Growth in Philadelphia

Philadelphia’s retail sector continues to lag behind other major U.S. markets when it comes to rent growth. In the third quarter, the region placed 13th out of the top 15 […]

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Retail Bankruptcies Repeat as “Chapter 22” Trend Grows

Retail Bankruptcies Repeat as “Chapter 22” Trend Grows

Bankruptcy isn’t bringing second chances for many U.S. retailers. A wave of chains have returned to court only a few years after first seeking Chapter 11 protection. In August, mall […]

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Store Closings Bring More Retail Space

Store Closings Bring More Retail Space

The U.S. retail market, once constrained by high demand and limited supply, is seeing a shift as space availability loosens. After gaining about 12.5 million square feet this year, retail […]

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Manhattan Retail Leasing Strong, Rent Growth Slow

Manhattan Retail Leasing Strong, Rent Growth Slow

Manhattan’s retail leasing market experienced a strong rebound in the second half of 2024, driven by a combination of factors, including a thriving job market, near-record levels of tourism, and […]

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