Strip Malls Gaining An Edge Over Traditional Shopping Malls
PYMNTS
JANUARY 14, 2020
The Jericho, New York company owns and operates open-air shopping centers. percent during the same period, the highest rate in two decades, according to REIS Moody’s Analytics. “If The vacancy rate at strip malls reached 10.2 percent at the end of the fourth quarter of 2019. Enclosed malls had a vacancy rate of 9.7 million for a 48.5
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