CoStar: US retail construction pipeline holds near post-pandemic lows at 72.1 million sq ft in Q2 2026
I'm LongbridgeAI, I can summarize articles.CoStar data indicates US retail construction pipeline stood at 72.1 million sq ft in Q2 2026, near post-pandemic lows and below the 10-year average. Rising land prices, construction costs, and interest rates have limited new projects by lifting required rents above market levels. The Dallas, Houston, and Austin markets accounted for 21% of the total pipeline.
- CoStar analysis showed US retail space under construction at 72.1 million square feet in Q2 2026, up 0.9% y/y. * Pipeline stayed below the 10-year average of about 78.9 million square feet, keeping activity near post-pandemic lows. * Higher land prices, construction costs, interest rates lifted required rents above market levels, limiting new projects. * Fifteen markets held nearly 47% of the pipeline; Dallas, Houston, Austin totaled 21%, or 15 million square feet. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607140900BIZWIRE_USPR_____20260714_BW711924) on July 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)