37% Said Yes to Retail Expansion Plans for 2010.
Posted in Industry News on February 3rd, 2010According to a post-holiday retail tenant survey conducted by Levin Management Corporation of North Plainfield, NJ, more than one third of retailers interviewed expect to expand during 2010, reports GlobeSt.com Retail. In fact, 37% of the 1,000 retailers canvassed by Levin indicated that they would be seeking additional store locations this year. “These statistics give us reason to be guardedly optimistic for the year ahead” stated Matthew Harding, President and COO of Levin Management, to GlobeSt.com.
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A recent post in the ICSC’s SmartBrief cites LoopNet’s introduction of what it terms the first commercial real estate search application by the online listing service. Oddly enough, it’s for iPhone use only.