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Vacancy rate of shopping center real estate in the United States from 2020 to 2025, by region

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Source

Release date

April 2025

Region

United States

Survey time period

2020 to 2025

Special properties

as of Q1 of each year

Supplementary notes

* Values are provisional.

Citation formats

Shopping center property vacancy rate in the U.S. 2020-2025, by region

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 23, 2025

Vacancy rates of shopping center real estate increased across all regions in the United States at the beginning of 2021, but declined as the economy started to recover from the impacts of the coronavirus pandemic. As of the first quarter of 2025, the South region had the lowest average vacancy rate at *** percent. Meanwhile, the average for the country stood at *** percent. Nashville, TN, Raleigh/Durham, NC, and Sarasota, FL, were the markets with the lowest vacancy rates at under percent.

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Statistics on " Shopping centers in the U.S. "

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Overview

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SITE and Macerich shopping centers

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CBL Properties and Unibail Rodamco Westfield shopping centers

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Consumer behavior

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Topics

Retail real estate market in the U.S.Foreign property investment in the U.S.Commercial real estate in the U.S.Office real estate in the U.S.Industrial and logistics real estate in the U.S.
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