Strip mall vacancy rates drop slightly in Q1

04/4/2013 | Yahoo

Weak demand in the retail strip mall space was offset by limited supply for the first quarter, allowing the vacancy rate to drop to 10.6% from 10.7% in Q4 of 2012, according to Reis. Supply rose 0.04%, or 873,000 square feet, which is the fourth-lowest amount since Reis began tracking the sector in 1999.

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