Friday, January 6, 2017

Vacancy Rates Rise at Shopping Centers

Image result for vacant retail space in shopping centersThe national retail-property market is showing signs of a slowdown after years of steady growth, according to a report set to be released Friday, as cities and towns across the U.S. grapple with a growing number of empty storefronts.

Vacancy rates in community shopping centers increased in 30 of 77 U.S. metro areas last year, compared with 24 in 2015 and 19 in 2014, according to data from real estate researcher Reis Inc.. . . more

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