Austin was the market responsible for the most shopping center real estate absorbed in Texas in the first quarter of 2024, amounting to about 249,220 square feet. 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. Overall, the market slowed in the second half of 2022, further falling below one million square feet in the second half of 2023. Nationwide, the net absorption turned negative in 2024.
Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024
(in square feet)
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Cushman & Wakefield. (April 12, 2024). Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024 (in square feet) [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/1307014/net-absorption-real-estate-texas-by-market/
Cushman & Wakefield. "Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024 (in square feet)." Chart. April 12, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/1307014/net-absorption-real-estate-texas-by-market/
Cushman & Wakefield. (2024). Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024 (in square feet). Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/1307014/net-absorption-real-estate-texas-by-market/
Cushman & Wakefield. "Net Absorption of Shopping Center Real Estate in Leading Markets in Texas, United States from The 1st Quarter 2020 to The 1st Quarter 2024 (in Square Feet)." Statista, Statista Inc., 12 Apr 2024, https://www.statista.com/statistics/1307014/net-absorption-real-estate-texas-by-market/
Cushman & Wakefield, Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024 (in square feet) Statista, https://www.statista.com/statistics/1307014/net-absorption-real-estate-texas-by-market/ (last visited December 07, 2024)
Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024 (in square feet) [Graph], Cushman & Wakefield, April 12, 2024. [Online]. Available: https://www.statista.com/statistics/1307014/net-absorption-real-estate-texas-by-market/