Henry: Tenants shift thinking from escape to expansion

03/11/2011 | REIT.com

There has been a welcome shift in retail tenant thinking since the recession, says David Henry, president and CEO of Kimco Realty. Instead of concentrating on getting out of leases, they are considering expansion. That and other changes in fundamentals are giving the sector a significant boost. "With virtually no new development in our sector, rents and occupancy rates are improving dramatically," Henry says.

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