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Retail

Mall vacancies hit record high

Retail and office vacancies keep climbing as declining physical store traffic has led to store closures. Vacancies have hit a record at 11.4 percent, a 90-basis-point-jump from the previous quarter according to Moody’s Analytics REIS. The news was reported by Retail Dive. Regional and super-regional mall saw a .4 percent uptick year over year,...

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