Comments on: Retailers combine forces as Carytown vacancies rise

By: Pam Domzalski

Pam Domzalski — Wed, 23 Sep 2009 16:04:50 +0000

If you are a Carytown merchant and are interested in sharing your space like Pink and Que Bella are doing, please contact me. I am currently an online only store but am trying to get a physical store open before the holidays. This would be a great way for you to cut costs and for me to get noticed. http://www.philanthrofashion.com
pam@philanthrofashion.com

By: Carytown vacancy, rent levels, new construction, Richmond, Virginia « CVRE

Carytown vacancy, rent levels, new construction, Richmond, Virginia « CVRE — Thu, 17 Sep 2009 13:42:30 +0000

[...] Richmond, Virginia Posted on September 17, 2009 by lesterbarber Richmond BizSense reported in April that Carytown vacancy is increasing, as evidenced by the number of vacant storefronts [...]

By: Anne

Anne — Wed, 17 Jun 2009 19:51:08 +0000

Thank God someone is referring to vacancies in percentages! All the other local malls (in the traditional sense) have vacancies even higher than 14 percent. I think only Short Pump Town Center had less than 14 percent.

When I opened my store in Carytown 4 years ago, there was one vacancy. One. Give it time, folks, and Carytown will emerge refreshed and reinvigorated. In the meantime, check out the 3/50 project’s website: http://the350project.net. Gives you something to think about….

By: busse

busse — Fri, 17 Apr 2009 01:53:54 +0000

There have been some other new openings … Schwarzchild’s, Heroes & Ghosts, EmbroidMe, and some colorful paint store who’s name escapes me is about to open near Galaxy Diner.

To add on to what MattB says, it would be interesting to compile square-footage-leased figures from property or leasing agent records.

But I hear ya. I lease the office space above ShirtFresh, right next to Bang On and the view from my window is of the old Elephant Antiques building at Cary & Belmont. They only just papered over the windows but I’d love to see something fill that space soon.

By: MattB

MattB — Thu, 16 Apr 2009 15:01:13 +0000

How does counting vacant storefronts allow one to estimate vacancy? Did you select a sample size of same-sized buildings? What if the 25 spaces are 25 of the smallest (or largest) spaces in the district? Admittedly it could be a meaningful number, i.e., 25 of the 180 stores are now dark, up from 17 in September 2008. But it’s certainly not a vacancy rate.

I would be curious to know if the recent closings managed to complete their lease terms or if they bailed early. By no means am I an advocate for national retailers moving into the district, but if the local stores are only making it for 18 months out of a 3- or 5-year lease term…..