Shopping Center Data

Tables/Charts:

Shopping Center Data, 2006–2007 (Number of Shopping Centers, Gross Leasable Area (GLA))

Change in Shopping Center Indicators,  2006–2007

Summary Points:

• Over 58 percent of total retail gross leasable area (GLA) is located in shopping centers (a group of stores built, owned,and managed as a unified  structure), including shopping malls.

• Average GLA per shopping center rose by 2.5 percent in 2007 to just under 59,000 square feet per center.

Shopping Center* Data, 2006–2007
(NAICS Definitions)

	2006	2007
Number of Shopping Centers Gross Leasable Area (GLA) (mil. sq. ft.) Shopping Centers’ Share of Total Retail GLA Avg. GLA per Shopping Center (sq. ft.)	70,314   4,027 58.20%  57,278	70,132   4,117 58.50%  58,709

Change in Shopping Center* Indicators,  2006–2007
(NAICS Definitions and Percent)

	2006 to 2007
Number of Shopping Center Gross Leasable Area (GLA) Shopping Centers' Share of Total Retail GLA Average GLA per Shopping Center	-0.26% 2.23% 0.48% 2.50%

*  Three  or more stores built as a unified structure and managed as an operating unit.

Source: Costar Group, The Costar Retail Market Report: National Retail Market, Year-End 2008, and data derived from Costar Group.

Retail Industry Indicators 2009 © NRF Foundation www.nrffoundation.com