Monday, September 12, 2011

A new lease for suburban retail?

JOE LEWNARD/jlewnard@dailyherald.comMichael Ryan, general manager of hhgregg, Schaumburg.
JOE LEWNARD/jlewnard@dailyherald.com
Michael Ryan, general manager of hhgregg, Schaumburg.


Low rents, prime locations bring new tenants to empty shopping centers


By:John T.Slania
Contributing Writer
The Business Ledger

Is the shopping center half full or half empty?
That is the debate playing out across the Chicago suburbs as long vacant strip malls begin to fill in with new retail tenants.
Retailers are taking advantage of historically low lease rates and available prime locations to move into storefronts vacant since the recession began decimating the retail market in 2008.
Among the retailers and restaurants making a major investment in the suburbs include (read more)







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