Keisha Virtue gives the latest data on how retail vacancy rates are affected by high demand and a lack of supply. She explores the shift towards smaller store footprints and the impact of inflation on the construction of new shopping centers. She also touches on the varying expansion and contraction across retail sectors, with notable movements in the grocery, discount, and experiential spaces. 

Read the latest JLL retail report here: https://www.us.jll.com/en/trends-and-insights/research/retail-market-outlook

James Cook is the Director of Retail Research in the Americas for JLL. 

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