Retail properties serving national tenants such as malls, power centres and outlet centres are seeing the greatest vacancy rate compression as these tenants continue expanding their portfolios. Healthy retail will follow rooftops notably in the Sun Belt areas of Texas, Florida, the Carolinas, Atlanta and Phoenix. Secondary markets in particular have seen a revival in transaction volume, 27% up in the last six month, and major metros saw a rise of 16% in transaction volume whereas tertiary markets were down by 4%.

Key take-aways -- economic performance Q1 2012 -- national retail market -- United States retail market statistics -- local market statistics by property type -- retail capital markets -- retail property clock -- local retail market in 16 US cities.