Apr
13

Carolinas Retail: Strong Developments Push Forward

By
– Southeast Real Estate Business

Many retailers and developers in the Carolinas are hoping to weather the economic storm, but brokers predict more tenant closings before the economy improves. On the other hand, lease rates may favor smaller and new concepts — as long as they are well capitalized.

This year will see a shake out of poor concepts, weak retailers and those who are dependent on consumers’ discretionary income to keep them afloat, predicts Charles Neil of Charlotte, North Carolina-based Cornerstone Property Advisors.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.southeastrebusiness.com/articles/MAR09/cover1.html
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    Categories : South Carolina News

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