Profile of Macon, Georgia's Retail Market
According to my recent annual survey of over 8 million square feet in Bibb County, the overall retail market currently shows a 76% occupancy rate which is a slight improvement from 75% in 2010. The majority of the vacancies is attributed to aged big box buildings and poorly positioned centers with vacant anchor space.
Macon Mall Update
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%.