The national vacancy rate for strip malls dropped to 10.5% in Q2 from 10.6% previously, reports...

|By:, SA News Editor

The national vacancy rate for strip malls dropped to 10.5% in Q2 from 10.6% previously, reports Reis, but the decline seems more a product of minimal new construction rather than high demand. At 8.3%, regional mall vacancy was flat, with the top tier locations (owned by the likes of SPG, GGP, TCO, KIM, EQY) showing improvement, and the rest not so much. Other mall REITs of interest: DDR, FRT, REG, SKT, WRI.