Tuesday, February 14, 2017

New Krogers helped boost Central Ohio's retail real estate market in 4Q

A new Kroger store on Morse Road helped bolster a strong retail real estate market in the fourth quarter last year although online shopping trends will continue to impact stores in the future. Columbus Realtors reported the local retail market saw positive net absorption totaling 192,612 square feet in the fourth quarter, based on data from the Central Ohio Commercial Information Exchange and Xceligent. The region's fourth quarter vacancy rate dropped to 5.3 percent, from 5.6 percent in the last…

from DIYS http://ift.tt/2lMqiWN

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