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Caution on the US storefront

By: Series: National Real Estate Investor ; 43(8) 15 July 2001, 69(1)Publication details: 2001Subject(s): Summary: Looks at the impact of the slowing economy on the retail construction market in the United States. Suggests that despite the shaky economy retail construction is moving forward. According to Grubb & Ellis's "Retail Market Trends" newsletter, retail property markets have slowed with the economy, but not to the same degree. Meanwhile retail sales are continuing to register moderate, positive growth. Notes that the slow economy is impacting leasing markets, where there is pronounced sluggishness as tenants wait to see how quickly the economy will recover. Also discusses open-air developments, which make up a high percentage of the projects currently in development or proposed. Lifestyle centres are also growing in popularity among US developers.
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Journal article London Journal article ABS64555 (Browse shelf(Opens below)) 1 Available 114923-1001

Looks at the impact of the slowing economy on the retail construction market in the United States. Suggests that despite the shaky economy retail construction is moving forward. According to Grubb & Ellis's "Retail Market Trends" newsletter, retail property markets have slowed with the economy, but not to the same degree. Meanwhile retail sales are continuing to register moderate, positive growth. Notes that the slow economy is impacting leasing markets, where there is pronounced sluggishness as tenants wait to see how quickly the economy will recover. Also discusses open-air developments, which make up a high percentage of the projects currently in development or proposed. Lifestyle centres are also growing in popularity among US developers.