Even when the commercial real estate market is hot, wise investors keep an eye on local and global market shifts, vacancy rates in their communities, and other dynamics that impact the value and marketability of their existing properties. For example, retail space is particularly susceptible to obsolesce, as evidenced by the traditional enclosed shopping malls of the past. Across the country, malls are sitting vacant as consumers show preference for open-air and mixed-use retail spaces, […]
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