All the closed Mervyn’s around here are still sitting empty in the malls.
CRE is collapsing just like Celente said it would.
mnnnn mmmm mmmm love that stimulus thats working. Places folding and there is so much economic activity the vacancies are being filled....
to the point where the commercial real estate market is in the worst shape in 50 years!
mmm mmm mmmm Obama and his successful turnaround stuimulus
Kohl's moved into a lot of the closed Mervyn's around here.
Same here. In my general area there is an empty Von's, Albertson's (both grocery stores) a Rite Aid, Hollywood Video and a muffler shop. They've been empty for some time now.
These are all within a half mile of me, not looking good.