The 10 consecutive quarters of demand growth have pushed the retail market to its tightest position in nearly 20 years, according to CoStar data, and there is less space available for lease now than at any point since national tracking began in 2006.
"Retail is suffering from its own success," CoStar said.
Retail tenants leased just under 59 million square feet in Q2, the lowest amount of space signed in a quarter in more than two years.
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