Feb
04

Tenant Survey Signals Retail Rebound

By
– GlobeSt.com

Whether or not the recession is officially over is debatable, and sales reports during the recent holiday season were decidedly mixed, but a post-holiday tenant survey by Levin Management Corp. offers some promising signs. The findings include an apparent surge in late holiday season sales, and indications that many retailers expect to expand during 2010.

The survey canvassed store managers of a roster of 1,000 Levin property management tenants in the states of New York, New Jersey, Pennsylvania, Virginia and North Carolina. Ninety percent of Levin Management’s 12.5 million-square-foot portfolio consists of open-air retail centers, with results of the survey therefore more indicative of that genre rather than enclosed malls.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.globest.com/news/1591_1591/newjersey/183357-1.html
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