CoStar: Retail rent growth slows to 1.9% in Q1

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CoStar: Retail rent growth slows to 1.9% in Q1
 
Published Tuesday, April 28, 2026 11:00 am
by Zachary Russell

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"After booming post-pandemic, retail rent growth is continuing to moderate.

According to a new report from CoStar Group, U.S. retail asking rent growth slowed to 1.9% year over year in the first quarter of 2026, extending a downward trend that began in 2024.

The asking rent growth deceleration is seen across most major markets, though performance continues to vary by region, according to CoStar. Several Sunbelt markets that led rent growth earlier in the cycle, including Phoenix, Orlando, Atlanta, and Charlotte, still posted solid year-over-year gains at the end of the first quarter, but growth rates have slowed as asking rents plateau."

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CoStar: Retail rent growth slows to 1.9% in Q1| Chain Store Age

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