Triad commercial vacancies stable in Q2

August 21, 2009
Triad Business Journal
Vacancy rates for industrial, office and retail real estate in the Triad were mostly stable in the second quarter compared to the first quarter of this year, according to the latest set of reports from Karnes Research…Retail vacancies crept up in the quarter to 10.5 percent from 10.3 percent in the first quarter, the company reported. Forsyth County’s vacancy rate was higher at 11.7 percent, compared to 9.9 percent in Guilford County. The negative net demand was mostly due to the closing of locations by Peak Fitness, Goody’s and Linens N Things, the report said….
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