Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (146225)	1/26/2002 11:17:46 AM
From: Earlie	Read Replies (5) of 436258

Reaper: I commented on this very thing before Chrstmas. Mall managers even back then were weaping about the pressure on the rental and lease rates. Of course, they were also caving in...... given the increasing percentage of empty stores, they had (and even more so today) no choice. Incidentally, if you think the retail lease/rental scene is getting bad, take a gander at small industrial malls. They are becoming a wasteland. The number of small industrial buildings and warehouses that are for sale is also rising very rapidly. It just continues to boggle themind that Greenspan can suggest that the economy is showing signs of rebounding. he must never look out the limousine window, never mind visit any places where people work. Best, Earlie

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