Report: Mall vacancies hit 4-year low

The average vacancy rate at all U.S. retail properties fell to 10.5% in the second quarter from 10.6% in the first, and malls hit a four-year low of 8.3% during the second quarter, according to a report from research firm Reis. Properties haven't yet returned to pre-recession rates, and while some retail experts say it's tougher this time around because of online retail rivals, landlords say many brick-and-mortar stores are fighting back by stocking goods and services that aren't easily sold online.

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