Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

U.S. Mall Occupancies Reach Four-Year High

Oct. 2 (Bloomberg) -- U.S. regional mall occupancies climbed to the highest level in more than four years, led by properties owned by real estate investment trusts, as smaller retail centers recover at a slower pace.

The vacancy rate at malls, which typically include department stores and are larger than neighborhood and community shopping centers, fell to 8.2 percent in the third quarter from 8.7 percent a year earlier, Reis Inc. said in a report. Asking rents rose to an average of $39.77 a square foot from $39.24, the New York-based research firm said.

To contact the reporter on this story: Brian Louis in Chicago at blouis1@bloomberg.net

To contact the editor responsible for this story: Kara Wetzel at kwetzel@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.