5/24/2013

Reports on retail real estate fundamentals released at RECon show an industry in recovery. Vacancy rates are trending to support rising rents, according to Jones Lang LaSalle. "We're not quite there yet, but by the end of this year, virtually all markets should see rent growth," said Greg Maloney, president and CEO, Jones Lang LaSalle Retail Group. Panelists and speakers made similar observations.

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