Sunday, February 14, 2010

Big Boxes vs. Local Retail

Birmingham News
MIchael Tomberlin // January 20, 2010

MANY OF THE LARGEST Birmingham area retail centers are feeling the pain as the industry's big-box era moves into retreat, a closely watched real estate survey shows.

Retail space in the area is stinging from the large number of anchor, or so-called "big box," vacancies at high-profile centers. The small "neighborhood" centers, typically featuring a supermarket and small retailers, actually saw occupancy rise in 2009.

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