U.S. retail vacancies flat at 10.2 percent in third quarter: Reis


U.S. retail vacancies flat at 10.2 percent in third quarter: Reis


(Reuters) - U.S. retail vacancies remained flat at 10.2 percent in the third quarter, while a number of Sears Holdings Corp (SHLD.O) and Bon-Ton store closures boosted mall vacancy rates, real estate research firm Reis Inc (REIS.O

The mall vacancy rate jumped to 9.1 percent in the third quarter, from 8.3 percent a year earlier. The jump in vacancy does not account for a number of owner-occupied Sears and Bon-Ton stores that also closed.

) said in a report.

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RSK: Nothing new other than it is not as bad as I thought it would be. A lot of re-purposing going on.

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- - Volume: 6 - WEEK: 41 Date: 10/9/2018 1:46:52 PM -