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The amount of retail space closing in 2018 is on pace to break a record
The amount of retail space going dark in 2018 is on pace to break a record, as companies with massive floor plans are either trimming back their store counts or liquidating entirely.
CoStar Group is tracking retail space closures and is already on track to exceed last years total space closure.
It is expected that we see even more closures in the coming days.
Property owners are optimistic about the closures, hoping it means they will bring new and more profitable businesses in to their spaces.
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