Commentary: Lot Lines: Retail Stability

Summary


There has been growing concern in Oklahoma City's retail market over the past year about the continued increase in vacancy among metro area shopping centers. After spending some time examining the numbers, the current state of the retail real estate market may not be as down as some may think.

Retail vacancy has risen all over the country, largely due to many national retailers scaling back and closing stores resulting from the downturn in the national economy and subsequent reduction in consumer spending.

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Extract


Commentary: Lot Lines: Retail Stability

Oklahoma City has not been immune to the national downturn, having seen several stores shut their doors since the fourth quarter of 2...

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