Macon Mall Update
Published Tuesday Aug 30th, 2011
Macon Mall Area - With the removal of the new section of the Macon Mall as well as added businesses such as Virginia College and the new Aldi Store, the retail occupancy in the Mall area has increased to about 78%. However, most of the vacancy is from large Big Box spaces. Small shop space in the area still suffers from the economic downturn, but well positioned quality centers in the area are doing well. Rents trended down over the last few years but appear to have stabalized for now.