Despite the first quarterly fall for U.S. strip mall vacancies in 7 years (from 11% to 10.9% in...
Despite the first quarterly fall for U.S. strip mall vacancies in 7 years (from 11% to 10.9% in Q1), Reis isn't yet calling a bottom for the sector. With new strip mall supply near historic lows, if demand was truly rebounding, vacancies would have shown a stronger decline. "The tide of the economy is not rising quickly enough to raise all the ships in the ocean of retail."
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