Article: Closing up shop: major retailers paring stores at a rapid pace.

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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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