Sentences with phrase «overall retail vacancy rate»

Not exact matches

Despite the construction activity, retail vacancy rates are at its lowest point in a decade with overall shopping center vacancies dipping to 7.3 % during the second quarter, according to a CB Richard Ellis survey of properties 50,000 sq. ft. and greater.

Market fundamentals continue to improve, as demonstrated by a decline in overall vacancy, and rising rental rates have done little to deter retailers who are looking to expand and secure space in prime locations.

Overall, the vacancy rate for retail space fell to 10.9 percent from 11.0 percent last quarter.