Discover and read the best of Twitter Threads about #barnesandnoble

Most recents (1)

A🧵

Fantastic #Barnesandnoble has restructured & grown store count - in some ways they're more of a community benefit than just about any retailer. Good stuff happens when you spend time getting lost in the book store.

Unfortunately prime vacant big box spots are very "limited"
Overall retail vacancy rates in the major Texas metros are ALL below 5% at this point. Austin at 3.7%

This is not going to change soon. Lenders don't have an appetite to green light overly ambitious spec development. Borrowers have that much less equity to raise, debt to carry.
So as the vacancy of Texas' major metros retail has gone from roughly 16% vacant in 2003 to a 5% vacant this year (that's a 320% reduction over 20 years if you're keeping score)...

..."We" are reacting by building much LESS new retail this year than in any of the last decade...
Read 7 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!