Shopping center property net absorption in the U.S. 2021-2024, by region

Published by Statista Research Department, Apr 24, 2024

The net absorption of shopping center real estate in the United States declined between the first quarter of 2022 and the first quarter of 2024. Net absorption stands for the property area that became physically occupied minus the area that became vacant. In the first quarter of 2024, the net absorption in the South and West regions saw a negative value, meaning that that more space was vacated than newly occupied.

Net absorption of shopping center real estate in the United States from 1st quarter 2021 to 1st quarter 2024, by region (in 1,000 square feet)

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Release date

April 2024

Region

United States

Survey time period

Q1 2021 to Q1 2024

Special properties

as of Q1 of each year

Supplementary notes

* Provisional values.

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