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The growing number of store closures in 2019 is pushing mall vacancies higher than they’ve been in eight years.
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REBusinessOnline – Retail Vacancy Holds Steady Through First Quarter Despite More Store Closures
The national Retail vacancy rate stood at 10.2 percent at the end of the first quarter of 2019, unchanged from the previous period.
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NREI – How Many More Store Closures Are Expected in 2019?
Overall U.S. retail vacancy rate in the fourth quarter of 2018 remained flat at 10.2 percent.