Mall Vacancies Are At The Highest Rate In 11 Years; Strip Mall Vacancy Rates Are Highest Since 1990
Posted By thestatedtruth.com on April 8, 2011
Nobody seems to be paying attention to this…..
From the WSJ:
Mall vacancies hit their highest level in at least 11 years in the first quarter, new figures from real-estate research company Reis Inc. showed. In the top 80 U.S. markets, the average vacancy rate was 9.1%, up from 8.7%.
The outlook is especially bad for strip malls and other neighborhood shopping centers. Their vacancy rate is expected to top 11.1% later this year, up from 10.9%, Reis predicts. That would be the highest level since 1990.
In 2005, the mall-vacancy rate hit a low of 5.1%. For strip centers the boom-time low vacancy rate was 6.7% that same year.
Not all retail properties have suffered as much, especially on the high end. Large, publicly traded mall owners like Simon Property Group Inc. and Taubman Centers Inc., which tend to own top-tier properties, have trimmed their vacancy rates to 7% or lower and lifted their lease rates in the past year, buoying their stock.
But a broader glut has struck some of the exurbs that saw heavy housing development during the boom, where malls and strip centers built for growth that never came. More than one billion square feet of retail space was added in the 54 largest U.S. markets since the start of 2000, according to CoStar Group’s Property & Portfolio Research Inc. of Boston.
Comments
49 Responses to “Mall Vacancies Are At The Highest Rate In 11 Years; Strip Mall Vacancy Rates Are Highest Since 1990”
Leave a Reply
You must be logged in to post a comment.
Sausalito Ferry Schedule
You need to take part in a contest for one of the highest quality websites on the net. I will highly recommend this blog!|
page
…Check this out
[…]The overall look of your website is excellent, let neatly as the content material![…]
…Trackback: More Informations on that topic
[…]Excellent weblog right here! Additionally your site quite a bit up very fast![…]
…For further Information click here
[…]Wow, incredible blog format! How long have you been blogging for?[…]
Look there for more:
[…]Nice blog here! Also your website a lot up fast![…]
…For further Information click here
[…]Excellent blog here! Also your site so much up fast![…]
Trackback
[…]I am now not sure where you are getting your info, however good topic.[…]
…Click here for or more Information
[…]I am now not sure where you are getting your info, however good topic.[…]
…For further Information click here
[…]Excellent weblog right here! Additionally your website rather a lot up very fast![…]
Look there for more:
[…]I am now not sure where you are getting your info, however good topic.[…]
…Click here for or more Information
[…]you make blogging glance[…]
Look there for more:
[…]Wow, amazing blog layout! How long have you been blogging for?[…]
Look there for more:
[…]Wow, amazing blog layout! How long have you been blogging for?[…]
Look there for more:
[…]you make blogging glance[…]
… [Trackback]
[…] Read More on|Read More|Read More Informations here|There you can find 67053 more Informations|Infos on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here|Read More|Find More Infos here|Here you can find 49574 additional Infos|Informations to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More on|Find More|Read More Infos here|There you can find 98448 more Infos|Infos on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here|Read More|Read More Informations here|There you will find 57662 more Informations|Informations on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here|Read More|Find More Informations here|Here you can find 66139 more Informations|Informations on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More here|Find More|Find More Infos here|Here you will find 88246 additional Infos|Informations on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More on|Find More|Read More Infos here|There you will find 32893 additional Infos|Informations to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here|Read More|Find More Informations here|Here you will find 86527 additional Informations|Informations on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More on|Find More|Find More Informations here|Here you can find 23002 additional Informations|Informations to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More on|Read More|Read More Informations here|There you will find 39717 more Informations|Informations to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More on|Find More|Read More Infos here|Here you will find 66424 more Infos|Informations on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More here|Find More|Find More Infos here|Here you can find 25069 more Infos|Infos to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Information on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More Information here to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Information on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Info on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Info on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Information on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Here you will find 77259 more Info to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More Information here on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] There you can find 73581 additional Information on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Info on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Information on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Find More to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Information on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] There you can find 857 more Info to that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More here on that Topic: thestatedtruth.com/?p=17474 […]
… [Trackback]
[…] Read More to that Topic: thestatedtruth.com/?p=17474 […]