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Outlet Center Leasing Appears Strong Enough to Withstand Nine West Closures

Shoe and apparel wholesaler Nine West Holdings Inc.’s Chapter 11 bankruptcy reorganization filing this week focused the retail spotlight on the outlet center segment of the commercial real estate industry. Despite the bad news that Nine West is closing all 70 of its stores, the good news is that leasing demand for outlet store space has been outpacing availabilities. Privately held Nine West’s filing seeks to restructure about $1.6 billion in debt…

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