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Article: Closing up shop: major retailers paring stores at a rapid pace.
- Article from:
- San Diego Business Journal
- Article date:
- January 12, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[ILLUSTRATION OMITTED]
With major retailers closing their doors in the past few months and more expected to follow in 2009, commercial brokers are scrambling to fill storefronts left empty at area shopping malls.
Bruce Schiff, a broker in the Carlsbad office of Grubb & Ellis|BRE Commercial, said 2009 will be a tough year, given that more store operators are expected to close and file bankruptcy in the wake of the worst holiday shopping season in decades.
Of the 137 million square feet of retail space in the county, 4.6 million square feet was available for lease as of Sept. 30, a number that is expected to increase in 2009.
Retail ...
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Article: Circuit City plaza revamp could include Whole ...
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700+ words
... ... would house Whole Foods and Circuit City. Whole Foods would occupy 40,000 square feet in the space where Circuit City now sits, and the electronics ... would move into 20,500 square feet next to Hitchcock Way. Citibank ...
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