Retailers Show Signs Of Turnaround As Availability Hits Record Low

In a small reversal of their long-running miserable fortune, retailers and their real estate seem to be experiencing a slight rebound, or at least a slower contraction as the holiday season approaches, according to industry metrics.

Available retail spaces are getting tough to come by, according to a CBRE report indicating that U.S. retail availability fell by nearly a full percentage point year-over-year to 5% in Q3 2022, the lowest level since the company began tracking this metric in 2005.

Retail seems to be catching a break, though a weakening economy might hit it … from a strong financial position, said The Shopping Center Group …

… for retail landlords and shopping center operators and making it more … The Shopping Center Group Executive Vice President Nichole Popovics.

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