According to CoStar, vacancy rates declined for the general retail, shopping center and speciality center segments. The vacancy rate rose for malls and power centers. Cumulatively, the total vacancy rate for the total market dropped 10 basis points from 7.2 percent to 7.1 percent and is now down 50 basis points from the peak reached in the first quarter of 2010.
Source: CoStar Property
0 comments
Hide comments