Retail

[eldondre]

"Philly is still sheltered, but it's not immune" to the nation's woes, said retailer rep Brandon Famous of Fameco Real Estate at yesterday's RealShare conclave of brokers, lawyers, builders and investors at the Philadelphia Marriott Downtown.

Of 98 retailers he says his firm represents, 35, including Aldi, Best Buy, Dick's, Petco, and Wal-Mart, are actively looking for space around Philadelphia, according to Famous.

http://www.philly.com/philly/business/40272402.html

[Hospitalitygirl]

Wrong link? You fixed it, thank you.

[Jayfar]

Wrong link?

Scroll down, it's 'below the fold' (as they used to say in the parlance of the former newspaper industry.)

[philabustr]

Isn't prime real estate usually immune from long-term downward pricing pressures? I mean, there is only one Liberty Place, so if you want to be in THAT building, you are going to pay for it.

However, it is a pos to see retailers looking for space. As far as who has the upper hand in negotiations? Doesn't matter, as long as deals are getting done.