Store closures outpace openings amid ‘historic shift’ to service-based tenants
But the outlook isn’t all bad as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.
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But the outlook isn’t all bad as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.