The impact is especially severe among strip malls and other neighborhood and community shopping centers, which suffered their worst quarter in nine years. About 3.8 million square feet of space was emptied from April to June, pushing the vacancy rate for this type of mall up to 10.2%, Reis said.

So by "mall" they mean "retail space with more than one vendor."

That's... most of it.


WanderingEng:

The Ben Franklin craft store in the strip mall near me is closing. The cafe two doors down I like seems to do well. There's also a karate studio, a hair salon, and two more restaurants. Those seem to do fine as well, but they can't be easily replicated by Amazon.


posted by kleinbl00: 83 days ago