Sad to say, there is no surprise here. What is frightening is the number of power center vacancies due to the recent liquidations: Goody’s, Linens ‘N Things and now Circuit City. And are there any growing specialty box tenants to take their place?
Linens 'N Things
As Freddie Mercury used to sing, “Another One Bites the Dust” Actually the last week has brought two more high-profile liquidation announcements: Value City and Shoe Pavilion. Value City will close their remaining 66 stores while Shoe Pavilion will close their remaining 64 units. On the heels of the Linens ‘N Things liquidation and the […]