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10/17/09
Retail vacancy rate increasing
Filed under: General, Real Estate
Posted by: Lillian Wong @ 4:30 pm

Scottsdale is getting some new high-profile fashion merchandisers, but overall, the retail sector is continuing to suffer from the recession.

The Valley’s retail vacancy rate was 10.9 percent for the third quarter, up 4 percentage points from a year earlier, according to a market report by CB Richard Ellis.   more…



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