Lease rates are going to sink, vacancies are going to soar, and the oncoming supply of mall space with no tenants is going to bankrupt many regional banks that funded such construction. The shopping center economic model will soon be history.
read the full story here.
http://globaleconomicanalysis.blogspot.com/2008/04/shopping-center-economic-model-is.html
Lease rates are going to sink, vacancies are going to soar, and...
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