The vacancy rate of a certain market shapes the operational environment, financial health, and strategic decisions of tenants. This is particularly true for retail buildings, whose location directly impacts how much money the business inside makes. Landlords, who are the owners and managers of these properties, closely monitor vacancy rates as they directly influence profitability and overall asset value. Let’s delve into how vacancy rates affect retail buildings and markets, and what both landlords and tenants can do to mitigate their impact.
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