1. A tale of two retail markets.
- Author
-
Bergsman, Steve
- Subjects
REAL estate business ,METROPOLITAN areas ,RECESSIONS ,VACANCY-dislocation interactions ,LEASE & rental services ,LANDLORD-tenant relations ,ECONOMIC history - Abstract
The article discusses the retail real estate markets in San Diego, California where the metropolitan high-income areas continue to grow while low-income areas struggle in recovering from the recession. Topics mentioned include the decline of vacancy rates and the sliding rental rates, the backfilling of vacant boxes of tenants like Kohl's, LA fitness, and Pacific Sales, and the rapid multiply of burger eateries such as Smashburger and Five Guys.
- Published
- 2012