On the Cusp of Black Friday, Colliers International Issues Semi-Annual Retail Report, Showing Marked Weakness in Retail Real Estate as 2009 Approaches

The U.S. retail market has undergone a sea change not experienced in this country since the early 1980s, according to the bi-annual Retail Real Estate Report issued today by Colliers International, a leading global real estate services firm. Due to recessionary conditions, retail real estate will be significantly afflicted for the remainder of this year and well into 2009, according to Colliers. Several reasons drive this monumental slowdown in retail...