Main Streets Lead Retail Leasing Growth in Q3 2024; Rentals Surge Amid Tightening Vacancies
Cushman & Wakefield’s Q3 2024 Retail MarketBeat report highlights a strong retail leasing performance, with main streets driving the majority of the 1.6 million square feet leased across top cities. Rental rates surged in high-demand areas like Delhi NCR, Bengaluru, and Chennai, while tightening vacancies in Grade-A malls point to increasing demand for premium retail space.
