Top Buy, Sell Markets For US Retail Real Estate

These are the top five buy and sell markets for retail real estate assets in the US, according to Ten-X's US Retail Market Outlook projections.

Top buy markets, concentrated in the Southeast and West, are being driven by strong economies and growing populations due to healthy job growth. Top sell markets are being hit by sluggish economies and stagnant wages due to lackluster growth outside of urban areas, according to Ten-X.

Top Buy Markets

1) Austin, TX (pictured)

Q2 '16 Rents: $20.52/SF

2020 Rent Forecast: $24.54/SF

Q2 '16 Vacancies: 5.4%

2020 Vacancies Forecast: 5.7%

2) Miami

Q2 '16 Rents: $23.21/SF

2020 Rent Forecast: $26.98/SF

Q2 '16 Vacancies: 6.1%

2020 Vacancies Forecast: 5%

3) Fort Lauderdale, FL

Q2 '16 Rents: $17.67/SF

2020 Rent Forecast: $20.74/SF

Q2 '16 Vacancies: 9.3%

2020 Vacancies Forecast: 7.5%

4) West Palm Beach, FL

Q2 '16 Rents: $20.30/SF

2020 Rent Forecast: $22.90/SF

Q2 '16 Vacancies: 8.6%

2020 Vacancies Forecast: 8.8%

5) San Francisco

Q2 '16 Rents: $32.84/SF

2020 Rent Forecast: $36.68/SF

Q2 '16 Vacancies: 3.1%

2020 Vacancies Forecast : 3.1%

Top Sell Markets

1) Milwaukee (pictured)

Q2 '16 Rents: $13.74/SF

2020 Rent Forecast: $13.93/SF

Q2 '16 Vacancies: 11.7%

2020 Vacancies Forecast: 12.8%

2) Detroit

Q2 '16 Rents: $15.35/SF

2020 Rent Forecast: $15.29/SF

Q2 '16 Vacancies: 11.7%

2020 Vacancies Forecast: 11.6%

3) St. Louis

Q2 '16 Rents: $12.44/SF

2020 Rent Forecast: $12.82/SF

Q2 '16 Vacancies: 11.9%

2020 Vacancies Forecast: 12.6%

4) Memphis

Q2 '16 Rents: $12.28/SF

2020 Rent Forecast: $12.61

Q2 '16 Vacancies: 11.3%

2020 Vacancies Forecast: 11.6%

5) Philadelphia

Q2 '16 Rents: $18.30/SF

2020 Rent Forecast: $18.75/SF

Q2 '16 Vacancies: 10.1%

2020 Vacancies Forecast: 10.5%

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