Report: More Than 120 New Retailers Have Begun Looking For Space In D.C. This Year

The D.C.-area retail market has suffered from rising vacancy during the coronavirus pandemic, but a new report shows a surge in prospective tenants that could begin to fill that space. 
Eighty-six retail operators began seeking D.C.-area space in the first three months of the year, followed by another 45 tenants in April, a significant increase in activity from last year, Dochter & Alexander Retail Advisors’ spring D.C. retail market report found.
Activity had begun to pick up in Q4, when 59 new tenants began seeking space, according to the report, but the previous quarters were much slower. Just two new tenants began seeking space in Q2…

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