Retail Market Conditions

Retail investment sales through July 2018 totaled $596 million, consisting of 55 retail properties and averaging $146 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Historical Retail Sales

Key Indicators (as of 2Q2018 relative to prior period)

Retail Vacancy

7.6%

Lease Rates

$14.99

Net Absorption

576,697

Construction Completions

44,614