Market Overview

There are currently 254 shopping centers listed for sale and for lease, an increase of 27 over the last 6 months, with 243 spaces for lease at an average $14.73 per square foot and 11 centers for sale at an average price of $141 per square foot. Last month 2 properties were leased and none sold. Over the last 12 months, 32 properties were leased at an average rate of $17 per square foot and 8 were sold averaging $115 per square foot.