Landlords try many strategies to fill empty big-box space

04/26/2011 | Wall Street Journal, The

Big-box landlords cannot afford to wait for retail stores to lease up the space they abandoned during the recession. A Colliers International survey found that 51% of the big-box sites that were closed because of the bankruptcies of four national retailers are still closed. Landlords are turning to alternative tenants such as gyms to fill the spaces but often must offer lower rent.

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Wall Street Journal, The

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