Tuesday, April 17, 2018

Retail vacancy rates hold steady


Despite major store closings, the retail vacancy rate in the United States held steady at 10 percent in the first quarter of 2018 in 2017 though it's expected to rise to almost 12 percent by the third quarter of 2019, according to Statista.

Although retail occupancy rates have remained steady for several months, analyst Barbara Byrne Denham, a senior economist at real estate research firm Reis, sees rough times ahead, she told National Real Estate Investor.. . . more