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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Cushman & Wakefield. (April 12, 2024). 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) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1202208/net-absorption-shopping-center-real-estate-usa/
Cushman & Wakefield. "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)." Chart. April 12, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1202208/net-absorption-shopping-center-real-estate-usa/
Cushman & Wakefield. (2024). 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). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1202208/net-absorption-shopping-center-real-estate-usa/
Cushman & Wakefield. "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)." Statista, Statista Inc., 12 Apr 2024, https://www.statista.com/statistics/1202208/net-absorption-shopping-center-real-estate-usa/
Cushman & Wakefield, 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) Statista, https://www.statista.com/statistics/1202208/net-absorption-shopping-center-real-estate-usa/ (last visited October 31, 2024)
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) [Graph], Cushman & Wakefield, April 12, 2024. [Online]. Available: https://www.statista.com/statistics/1202208/net-absorption-shopping-center-real-estate-usa/