• H1 2019 absorption of of 344,718 sq. ft. reduced vacancy to 7.3%
  • More than 1 million sq. ft. is under construction

  • Discount retailers including Five Below, ALDI, TJX concepts, Sierra Trading and Hobby Lobby continue to fill junior big box vacancies

  • Regional malls continue to evolve with new anchor tenants and mixed-use development

  • Financial performance data continues to favor those retailers that have been able to execute an omni-channel selling strategy

  • Investors are exercising caution with the long term viability of some tenants due to exposure to e-commerce and obsolete operating models