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Retail Market Remains Rife with Contradictions: Lower Vacancy, Little New Construction but Weak Rent Growth

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No where have the economic forces of creative destruction been harder at work than in the U.S. retail market. Lately the sector has been a case study in contradictions, marked by the growing demand from an emerging set of new retailers that have added hundreds of new stores across the country, even as many established chains in the old order scale back, close stores or go bankrupt.

Looking at the national retail occupancy numbers, one would consider…

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