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BAYOU CITY RETAIL MARKET STAYS STRONG |
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HOUSTON (Houston Chronicle) – While retailers nationwide suffer from the ailing economy, sales in Houston remain strong, thanks to new jobs and economic growth across all industry sectors, according to a retail report by Holliday Fenoglio Fowler. Even with the addition of almost 1.2 million sf of retail space, retail occupancy in the city was flat at the end of third quarter 2008, averaging 91 percent.
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