The U.S. shopping mall vacancy rate falls to 9.2% in Q4 from an 11-year high of 9.4% previously,...

|By:, SA News Editor

The U.S. shopping mall vacancy rate falls to 9.2% in Q4 from an 11-year high of 9.4% previously, according to REIS. Worried about more high-profile closures coming from firms like Sears and Gap, the Reis isn't declaring victory for malls just yet. The vacancy rate was as low as 5.5% in 2007.