In particular, according to the November 2009 NAR/CBRE-RE report, which covers 47 major US markets, metropolitan retail vacancy rates ranged from 6.5% in San Francisco, CA, to 18.8% in Columbus, OH.

Las Vegas, NV, Long Island, NY, Honolulu, HI, and San Jose, CA, (along with San Francisco, CA) complete the list of the top five markets with the lowest metropolitan retail vacancy rates, which as of November 2009 averaged 7.2%, 7.2%, 7.3%, and 7.4%, respectively. Orange County, CA, and Miami, FL, follow in the 6th and 7th positions with average retail vacancy rates of 7.6% and 8.5%, respectively.

Besides Columbus, OH, another 9 major markets are reported to have had a metropolitan retail vacancy rate higher than 15% as of November 2009. Indianapolis, IN, Detroit, MI, Cleveland, OH, and Cincinnati, OH, follow Columbus, OH, in the list of the five markets with the highest retail vacancy rates, which, as of November 2009, averaged 18.4%, 18.2%, 18.1%, and 17.5%, respectively. Atlanta, GA, Kansas City, MO, Tucson, AZ, Dallas, TX, and Fort Worth, TX, with vacancy rates ranging between 15.6% and 17.3%, complete the list of the ten US retail markets with the highest vacancy rates as of November 2009.

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