Empty big-box space creates opportunities for other retailers

08/19/2010 | CoStar Group

Big-box retailers that have decamped from their space have caused landlords much anxiety over the past two years. But other retailers are now starting to eye the empty spaces as they plan for their own growth, according to a Colliers International white paper called "The Big Box Dilemma." "There is still a remarkable amount of vacant big box space, but second-generation use is serving as a platform to help revive the sector," says Garrick Brown, Colliers International's retail research director.

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