• In 2021, retail leasing activity accelerated, fully regaining retail occupancy lost during 2020 as the overall availability rate fell 30 basis points to 9.2%.
  • Holiday spending rose 8.5% compared to 2020, the highest increase seen in 17 years.
  • Discount retailers are capitalizing on the current retail resurgence trend with plans to ramp up new store growth over the next several years.
  • This year’s retail investment sales volumes were near 2019 levels compared to the near ten-year low posted in 2020.