Faster Pace of Retail Openings Seen

THE OVERALL RETAIL REAL ESTATE INDUSTRY will face another slow growth year in 2011, though the pace of store openings will gradually improve throughout the coming months, industry insiders predict. Given the current brisk pace of holiday sales and availability of vacant storefronts at affordable rents, retailers with cash in their coffers will step up expansion announcements in 2011, predicted John

THE OVERALL RETAIL REAL ESTATE INDUSTRY will face another slow growth year in 2011, though the pace of store openings will gradually improve throughout the coming months, industry insiders predict.

Given the current brisk pace of holiday sales and availability of vacant storefronts at affordable rents, retailers with cash in their coffers will step up expansion announcements in 2011, predicted John Bemis, executive vice president and director of leasing and development with Jones Lang

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