Retail Gets Saved

August 31, 2009

circuit-city

Two hundred fifty Circuit City stores have gone dark.

And with the economy in its current state, commercial landlords aren’t that picky.  According to an article by Mary Shanklin in the Orlando Sentinel, the situation presents an opportunity for Sunday-only churches that, in boom times, weren’t sought after as tenants.

Churches are now the darlings of shopping-center landlords.

Vacancy rates are high enough that alternative tenants such as churches and medical clinics are more attractive than they once were.

If it’s breathing, it’s looking good now.

2 Responses to “Retail Gets Saved”

  1. Collier Ward Says:

    I know this economy drove me to MY knees!

    Ron, I enjoy your writing and thinking. Keep up the good work.

    I didn’t detect any Twitter connection. I know some folks that would probably like to ‘follow’ you.
    Maybe someday?


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