Stagnant rental rates on Miami Beach's Lincoln Road point to increased pressures faced by retailers.
November 17, 2016 at 03:00 AM
1 minute read
Miami Beach’s Lincoln Road is still the fourth most expensive location across the globe for retailers.
Average rent on the famed shopping strip was $325 per square foot this year, the same as 2015, according to a retail report by Cushman & Wakefield. The company’s “Main Streets Across The World” report tracks 462 of the world’s top retail corridors.
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