Long Island retail rents, occupancy rebound | Long Island Business ...

by David Winzelberg
Published: May 24, 2012
Tags: Aldi, Borders, Circuit City, Economy, Harbor Freight Tools, Kimco Realty, LA Fitness, Lime Fresh, Long Island, national chains, Planet Fitness, Real Estate, rent, Retail, Retro Fitness, Ronkonkoma, Sabre Real Estate, Schuckman Realty, Simon Property Group

Though pummeled in the last four years by store closings, consolidation and the exodus of big national chains like Circuit City and Borders, retail real estate on Long Island has been quietly making a comeback. Asking rents grew a strong 10 percent in the past year, while vacancies dipped to just over 5 percent in 2012?s ...

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