U.S. Shopping Center Occupancy Rates Hit 6-Year High in 2014, According to ICSC and NCREIF Data

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NEW YORK--(BUSINESS WIRE)--The International Council of Shopping Centers (ICSC) and the National Council of Real Estate Investment Fiduciaries (NCREIF) reported on property data results for Q4 2014 and year-end 2014, and found strong growth in the U.S. shopping center industry with year-over-year growth in occupancy rates, rents and net operating income. The data showed that shopping center occupancy rates were 92.7% at the end of Q4 2014, the highest level since Q2 2008. For the mall segment (

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