The vacancy rate for regional malls was 8.1 percent in Q2 2017, up from 7.9 percent in Q1, and up from 7.9 percent in Q2 2016, according to recent data from Reis, ABL Advisor reported on Friday. While vacancy rates appear to be climbing, they are down from a cycle peak of 9.4 percent in Q3 2011. For neighborhood and community malls (strip malls), the vacancy rate was 10.0 percent in Q2, up from 9.9 percent in Q1, and up from 9.8 percent in Q2 2016. For strip malls, the vacancy rate peaked at 11.1 percent in Q3 2011.
