Quarterly shopping center net absorption in the U.S. 2019-2024, per quarter

Published by Statista Research Department, Apr 24, 2024

The net absorption of shopping center real estate in the United States saw drastic changes between the third quarter 2019 and the first quarter 2024. Many cities experienced an overall decline in shopping center demand. The net absorption is calculated by subtracting the sum of square feet that became vacant from the sum of square feet that became occupied in a certain period of time. In the first quarter of 2024, the net absorption of shopping center properties in the U.S. was negative 1.15 million square feet.

Net absorption of shopping center real estate in the United States from the 3rd quarter 2019 to the 1st quarter 2024 (in 1,000 square feet)

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Release date

April 2024

Region

United States

Survey time period

Q3 2019 to Q1 2024

Supplementary notes

* Provisional

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