US Retail Property Gouged by Record Vacancies

By editor Apr 7, 2010, 11:02 AM

US Retail Property Gouged by Record Vacancies – Vacancy rates at U.S. shopping centers and malls rose to the highest levels in at least 10 years in the first quarter, accompanied by a drop in rents that wiped out years of growth, research firm Reis said on Wednesday, adding that no improvement was likely soon – Reuters