Happy New Year readers!
I used Sunday’s Retail Roundup column to review some of the noteworthy and memorable retail events of 2012, such as the sale of two shopping centers and the coming of the cash mob trend.
I also talked with a local commercial real estate broker, John Nielsen of Thalhimer, who told me that 2012 was clouded by uncertainty among retailers.
“The general uncertainty due to the economy, the presidential election and the looming fiscal cliff did cause real estate decisions to be delayed or put off, and that created less opportunity overall,” Nielsen said.
He expects to see momentum picking up in the third and fourth quarters this year. The retailers he is speaking with ”are serious about their 2013 expansion plans,” he said.
You can read the column by clicking here.
Also, check out this interactive timeline of business closings and openings that online intern Katrina Tulloch put together.