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Conditions finally looking up for mall owners

from The Columbus Dispatch

Life for those who own and lease malls and other retail spaces improved in March for the first time in nearly three years, according to the International Council of Shopping Centers. The group said that its business barometer, a number based on executive surveys, was 52.6 percent last month, the first time it's been above 50, or in positive territory, since July 2007. Readings below 50 percent indicate "deterioration" in the retail real-estate industry. more


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