According to a study from Reis (77 cities studied), mall vacancy rate reached 8.6% in the quarter to June 2018, up from 8.4% in Q1 2018. Malls are the emptiest they’ve been since 2012, particularly strip malls and neighborhood shopping centers where vacancy reached a 10.2% rate. U.S. landlords have also suffered from a glut of new malls built in the years leading up to the 2008 financial crisis. For every inhabitant in the U.S., there is 2.2 sq.m GLA of retail, far more than Canada’
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