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Research + Studies

Shopping center rents, income and occupancy rose in 2017

February 7, 2018

Taking together all types of centers — malls and open-air — base rents rose by 2.1 percent in 2017, to $19.56 per square foot. Net operating income (NOI) also rose, by 2.1 percent, to $19.11 per square foot, while the occupancy rate was 93.1...

By Edmund Mander

Director, Editor-In-Chief/SCT

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