By Chad Lawhorn - Reporter, Lawrence Journal-World
January 19, 2018
With all this talk of a federal government shutdown, the natural question is whether it would include presidential cellphone service? I don’t have insight into that, but this is the time of year that Lawrence leaders look at another type of shutdown: how many businesses have closed and how many empty storefronts are left as a result. The short answer is vacancy rates were up a bit in 2017.
The Lawrence branch of the commercial real estate firm Colliers International puts together a report on vacancy rates of retail, office and industrial space throughout Lawrence. The retail vacancy rate frequently is a topic of conversation in some political circles, as Lawrence is never very far away from a debate on whether new retail projects should be allowed to locate in town.