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Southern California Retail Vacancy Slips to 5.9% as Inflation Tests Shoppers’ Wallets

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Andrej Lišakov For Unsplash+
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Southern California retail vacancy edged down to 5.9 percent in the third quarter of 2026 and year-to-date absorption swung back into positive territory, but slower leasing, sliding sale prices and a fresh jolt of inflation suggest the region's recovery is being built on stretched household budgets, according to NAI Capital Commercial.

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