Shopping center REITs report third-quarter increase in leasing demand

November 18, 2009 by admin
Filed under: Real Estate 

Shopping center REITs reported an increase in leasing activity in the third quarter. “I think we saw signs of stabilization. Sequential occupancy increases were somewhat encouraging,” said Robert McMillan, an analyst with Standard & Poor’s Equity Research Services. “Some of the big-box space that has been vacated is being leased, so once demand picks up, that should help pricing.” RetailTrafficMag.com

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