National Commercial Real Estate News From CoStar Group
In The Pipeline: CoStar Development & Construction News for April 22 - 28
Construction Remains a Non-Starter in U.S. Retail Market
The U.S. logged another historically low quarter for new retail supply to start 2013, with construction having little bearing on what is admittedly a glacial pace of recovery for the national retail market.
Only 460 buildings comprising 7.87 million square feet of total retail space delivered in the first quarter of the year in select markets for which CoStar maintains historical statistics...