Disaster Risk Reduction & Relief Operations & Community Involvement for Climate Change and Circular Economy| Peace, Poverty & Hunger Alleviation, Environmental Compliance
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales (Gregory Meyer/Financial Times)
Disaster Risk Reduction & Relief Operations & Community Involvement for Climate Change and Circular Economy| Peace, Poverty & Hunger Alleviation, Environmental Compliance
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales (Gregory Meyer/Financial Times)
Disaster Risk Reduction & Relief Operations & Community Involvement for Climate Change and Circular Economy| Peace, Poverty & Hunger Alleviation, Environmental Compliance
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales (Gregory Meyer/Financial Times)
Disaster Risk Reduction & Relief Operations & Community Involvement for Climate Change and Circular Economy| Peace, Poverty & Hunger Alleviation, Environmental Compliance
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales (Gregory Meyer/Financial Times)
Disaster Risk Reduction & Relief Operations & Community Involvement for Climate Change and Circular Economy| Peace, Poverty & Hunger Alleviation, Environmental Compliance
US open-air shopping center vacancies drop to historically low levels, defying forecasts of a retail apocalypse caused by e-commerce, which has ~16% of US sales (Gregory Meyer/Financial Times)
Retail Tenant Challenges: Being Proactive with Big Box Vacancies As several large retailers like Walgreens, Rite Aid, and Big Lots face challenges, we're starting to see potential vacancies in the big box retail segment. These shifts could have a significant impact on property owners, making proactive planning essential. The key takeaway for owners? Assess your assets now and prepare for potential tenant turnover. By understanding your options early, you can mitigate risks and ensure a smoother transition if vacancies arise. Whether it's exploring backfill options or planning for rent adjustments, being prepared is crucial. Don’t wait until it's too late—stay ahead of the curve and protect your investments. #RetailRealEstate #PNWRealEstate #RetailInvestments
