In a March 2 press release, PNC Real Estate and the International Council of Shopping Centers (ICSC) announced a new market research report that offers in-depth coverage and analysis of U.S. retail and restaurant store-closing data.
ICSC is the premier global trade association of the shopping center industry. Its more than 55,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.
About the U.S. Retail Real Estate Supply Conditions Report
The U.S. Retail Real Estate Supply Conditions report includes wide-ranging information on retail and restaurant closings from the fourth quarter of 2010. Subsequent reports will be completed on a quarterly basis to track significant store closings and space reductions nationwide and posted on both PNC?s and ICSC?s Websites.