Retailers may be increasing their store opening plans, emboldened by a stronger economy, but that doesn’t mean that retail developers are following suit. Data from commercial real estate services firm CBRE shows that in the fourth quarter of 2013, the number of retail projects in the final planning stages (meaning they were likely to start construction in a matter of months) was 61, totaling 5.9 million sq. ft. of space. That compares to 107 projects totaling 10.4 million sq. ft. that ...
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