Colliers International is reporting the fourth quarter's net absorption totaled 19,000 square feet, leaving the overall market vacancy rate unchanged at 10.6%.
Dayton Business Journal
After posting a loss of nearly 500,000 square feet during the first quarter of 2020, the Dayton-area retail market recorded three consecutive quarters of virtually no change in occupancy, according to a new report.
Colliers International is reporting the fourth quarter's net absorption totaled 19,000 square feet, leaving the overall market vacancy rate unchanged at 10.6%. Community and neighborhood centers recorded negative net absorption equaling 26,000 square feet; however, the regional center, strip center and big box sectors combined to record a net gain of 44,000 square feet during the final quarter of the year.