Shopping center property net absorption in Texas, U.S. 2020-2024, by market

Published by Statista Research Department, Apr 24, 2024

Austin was the market responsible for the most shopping center real estate absorbed in Texas in the first quarter of 2024, amounting to about 249,220 square feet. The net absorption is calculated by subtracting the sum of square feet that became vacant from the sum of square feet that became occupied in a certain period of time. Overall, the market slowed in the second half of 2022, further falling below one million square feet in the second half of 2023. Nationwide, the net absorption turned negative in 2024.

Net absorption of shopping center real estate in leading markets in Texas, United States from the 1st quarter 2020 to the 1st quarter 2024 (in square feet)

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Release date

April 2024

Region

United States (Texas)

Survey time period

Q1 2020 to Q1 2024

Supplementary notes

*Provisional values.

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Topics

Real estate in Texas, U.S.U.S. housing marketRental market in the U.S.Apartments in the U.S.Commercial real estate in the U.S.
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