TITLE

Commercial real estate market glut may grow as retailer liquidates

AUTHOR(S)
Robison, Jennifer
PUB. DATE
January 2009
SOURCE
Las Vegas Business Press (10712186);1/26/2009, Vol. 26 Issue 4, pP14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on electronics retailer Circuit City Stores' decision to liquidate its holdings in Las Vegas, Nevada. The closure of Circuit City would translate to the vacancy of approximately 150,000 square feet of retail space. Las Vegas' vacancy rate has increased from less than 3% in 2006 to almost 10% in 2009.
ACCESSION #
36588948

 

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