Retail Vacancies Won’t Budge

Retail Vacancies Won’t Budge

Retail property fundamentals barely moved in the second quarter, as tenants remained cautious about committing to large chunks of space.

Reis Inc., a New York City-based research firm that tracks community and neighborhood shopping centers and regional malls, reports that shopping center vacancy declined just 10 basis points from the first to the second quarter of 2013, to 10.5 percent nationally. The figure represents a decline of 30 basis points on an annual b

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