The data describes a forecast of retail vacancy rates in the U.S. from the first quarter of 2018 to the third quarter of 2019. It was expected that the retail vacancy rate would amount to 11.7% in the third quarter of 2019 in the U.S.
Vacancy rates – additional information
Retail real estate is a wide definition within the commercial real estate, which includes such types of property as retail park centers, shopping malls or various convenience stores on the streets of a given location. The vacancy rate depicts the share of unoccupied retail properties available on the market due to the relocation of businesses or new completions.
