Coachella Valley Commercial Real Estate Trends
Tuesday, June 26, 2018
Monday, November 21, 2016
Retail commercial real estate is changing fast
I looked at all commercial real estate, retail, in Coachella Valley (nine cities, from Palm Springs to Coachella). I focused only on the properties with more than thirty percent vacancy.
First, even with an improving economic climate over the last five years, their vacancy rates have gotten worse.
Second, the vacancy rate is worsening because businesses aren't expanding and opening:
So, what is an owner of retail commercial real estate property to do? More in the next post.
Subscribe to:
Posts (Atom)