Blue West Resources

The U.S. retail market is shifting, with tenant bankruptcies and store closures slowing. Demand for space is up, and retail availability is at historic lows, with only 4.8% available.

Entering 2024, the U.S. retail market is at its tightest in years, with high demand, limited new supply, and fewer bankruptcies and closures. Demand grew by over 42 million SF in the past year, led by food and beverage, discount, off-price, and experiential sectors.

Denver’s retail market remains strong due to a low vacancy rate, limited new construction, and a resilient consumer base.