Shopping Center Demand in 2015 to Grow as Space is at Tightest Levels in Past Eight Years

Demand for shopping center space is on the rise and that's great news for the US economy

Like everything, shopping center demand is cyclical. Up times. Down times. If you look at the latest data that's coming out, it's starting to look like a positive upswing is about to hit the industry real hard.

That's great news for the economy. That means more investment, more construction and retail jobs, more ancillary effects such as an increase in outdoor commercial furniture, trucking and local taxes.

Retail research company CoStar recently issued a report indicating that shopping center vacancies continue to drop and space is at its tightest level in the past eight years.

So there's the demand. Where's the response to that demand? CoStar says only 60 million square feet of

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