11/24/2004 Issue

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Sector Outlook: Dire Times For Supermarkets Could Affect CMBS
By Bennett Voyles

Once one of the most stable US real estate asset classes, the grocery store-anchored strip mall may be in danger, say analysts. Pounded by competition from a variety of new retail sources, most of the largest grocery store chains are trapped in a high-cost model, and sources say it seems unlikely they will be able to adapt.


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