Posts Tagged ‘big box reuse’

Tweet From the Phoenix Business Journal article “Retailers vacate 609,692 SF in first half – Phoenix Business Journal” on Tuesday July 13, 2010: Retailers continue to abandon property in the Phoenix area with a net loss of 609,692 square feet, or 0.4 percent of the market’s total space, so far this year, according to CB Richard Ellis. CBRE’s second-quarter MarketView for the Phoenix retail market shows a rise in vacancies to 12.2 percent from 11.9 percent last quarter and 10.5 percent a year ago. That’s the 13th consecutive quarterly rise. Vacancies are highest – above 14 percent – in northwest…

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