Shopping Center Vacancies Hit Lowest Level in 20 Years ...Middle East

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Shopping Center Vacancies Hit Lowest Level in 20 Years
Don’t write any obituaries for the American shopping center just yet. As The New York Times (NYT) reported Sunday (June 9), retail landlords are now finding themselves with soaring demand for spaces.  As construction declined and underperforming stores vacated, landlords began signing up tenants that would draw more traffic and keep people hanging around — restaurants and recreational activities like pickleball — leaving less room for more traditional retailers like book or clothing stores. Among the shopping centers tapping into this trend is the largest one in North America. Mall of America announced last month its plans to open an on-site, game-show-style amusement center, Great Big Gam

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