Tuesday, June 23, 2009

National Retail Landlord Releases List of Risky Tenants

Madison Marquette has released a list of tenants with varying levels of risk associated with defaults, downturns in business and other factors. Santa Barbara does not have too many retail tenants that are in the high risk bracket. We have already lost most of those like Circuit City and Z Gallerie. However, on that list are companies such as Cost Plus World Market (which plans on closing 26 stores this year) and Chico's which operates brands like Chico's and White House/Black Market (both in Paseo Nuevo).

This doesn't mean that Santa Barbara will lose any of these stores anytime soon but it is interesting to see who is high on the list and who is low. The full list can be seen here:


No comments:

Post a Comment