Jan
04

Columbia, SC Retail Occupancy Rate Falls Below 90%

By
– The State

With a rash of big-box closings, the retail occupancy rate in the Columbia area dipped below 90 percent for the first time in roughly a decade in 2009, falling to 88 percent, according to two new reports.

Mom-and-pop retailers held on by negotiating for lower rents, the year-end retail report from Columbia’s Colliers Keenan commercial real estate firm said.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thestate.com/business/story/1090328.html
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