The ways in which we buy things in the United States has been changing over the last two decades and continues to be in a state of flux as the lines between traditional wholesalers and retialers is blurred and the rise of online shopping alters the retail landscape. We’ll look at a few market size items over the next few days that highlight how these sectors are being changed. Today we look at the leasable area that is offered in shopping centers throughout the nation.
Geographic reference: United States
Year: 1990 and 2009
Market size: 4,788 and 7,232 gross leasable area measured in millions of square feet, respectively.
Source: “Table 106 – Shopping Centers—Number and Gross Leasable Area: 1990 to 2009,” Statistical Abstract of the United States: 2011, page 666, availalble online here.
Original Source: U.S. Department of Commerce, Bureau of the Census, and CoStar Group, Inc.