Nov
04

Halloween Rentals Brighten Retail Real Estate in Greenville

By
– GSA Business

Short-term rentals to Halloween merchandisers helped push retail real estate vacancies down to 11.6% in the third quarter, the second straight quarter in which vacancies fell.

In a third-quarter analysis and outlook, Grubb & EllisThe Furman Co. said absorption, or the net change in occupied space, was its highest in six quarters.

“The improvement in market numbers was driven by two main factors: Halloween retailers and the completion of a new Academy Sports on Woodruff Road,” the report states.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.gsabusiness.com/news/31516-halloween-rentals-brighten-retail-real-estate
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