Nov
30

Vacancy Rates Mixed At Charleston, SC Area Shopping Malls

By
– Charleston Regional Business Journal

That familiar holiday landscape, the shopping mall, might look a bit sparser nationwide this season after more than a year of consumer caution has taken its toll on retail stores.

Vacancy rates at malls across the nation averaged 8.6% at the end of the third quarter, up from 6.6% in the same quarter last year and 5.5% in 2007, according to Reis Inc., a national real estate research firm. The vacancy rate in the third quarter was the highest in the company’s 10 years of data.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.charlestonbusiness.com/news/31881-vacancy-rates-mixed-at-charleston-area-malls
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