Vacancies Create New Site Options

The ongoing rash of retail store closures affecting retailers from Circuit City to Value City is providing supermarkets with more options for expansion and, for those who dare, the opportunity for real estate bargains. Observers contacted by SN predict shopping center landlords in possession of vacant retail space will be eager to deal as fear of additional closures mount and the field of perspective

The ongoing rash of retail store closures — affecting retailers from Circuit City to Value City — is providing supermarkets with more options for expansion and, for those who dare, the opportunity for real estate bargains.

Observers contacted by SN predict shopping center landlords in possession of vacant retail space will be eager to deal as fear of additional closures mount and the field of perspective tenants decline. Burt P. Flickinger III, managing director of Strategic Re

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