Retail Traffic

With the second half of the year under way, tenant representatives and landlords are starting the heavy lifting on temporary leasing negotiations—a side of the business that prospered during the downturn...

Vacancy rates at shopping centers and regional malls both jumped again in the second quarter, according to real estate research firm Reis Inc.’s latest report...

The vacancy rate at regional malls rose 20 basis points from 9.1 percent to 9.3 percent during the quarter, representing a new high in Reis’ series, which begins in 2000. Asking rents were flat in the quarter and stand at $38.77 per square foot...

About 638,000 square feet of new neighborhood and community center space came online during the second quarter—up from 83,000 square feet in the first quarter. The last two quarters have been the periods with the lowest levels of new deliveries...