Feb
11

New Retailers Highlight Columbia’s Retail Market

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The Columbia area ended 2012 with the lowest vacancy rate in its retail space in more than three years, a new report shows.

So what does that mean to you? More stores and more shopping.

People have more money in their wallets to spend as the economy improves from the worst recession in a lifetime and the unemployment rate declines. And that means retailers are snapping up spaces to get a piece of the action.

“Growing cities and populations are sought after by retailers looking to expand and branch out into new cities making Columbia a target,” reads the research report from Colliers International.

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