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Market Report

2024 IPA U.S. Retail Investment Forecast

2024 Outlook

Sector Expansion Continues as Retailers Act on Consumers’ Resiliency

The outlook for retail remains positive as the sector is poised to become the nation’s highest occupancy commercial real estate sector. Broad demand for space exists, with 35 major markets entering 2024 with record-low vacancy or a rate below their prior five-year mean. To help investors identify nascent opportunities this year, Marcus & Millichap presents the 2024 National Retail Investment Forecast.

Key Features Include:

  • Detailed outlooks for the overall U.S. retail sector and the single-tenant segment in 2024
  • Identification of retail investment trends
  • Metrics and analyses for 50 markets across the country
  • Supply and demand forecasts for the U.S. and for each metro

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