Posts Tagged ‘Rents per square foot’
Rents on the Rise
Good News: Vacancy rates at malls averaged 9.4% in Q4 ’11 down from an 11 year high of 9.6% in Q3 ’11 but way up from the all-time low of 5.5% in ’07. Meanwhile vacancy rates at strip malls held steady at 11%. As for pricing, mall rents rose to almost $39/ sq. ft. up…
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