Big-box epidemic looms for Valley retail space

Big boxBy Kristena Hansen | Phoenix Business Journal

Phoenix-area retail leasing is getting better. The overall vacancy rate was 10.8 percent during the fourth quarter, down from 12 percent a year ago. Local experts believe the figure will drop into single digits by the end of the year. Retail isn’t out of the woods just yet.

Continued: http://www.bizjournals.com/phoenix/print-edition/2014/02/14/big-box-epidemic-looms-for-valley.html

 

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