John Hunt Coins Phrase Vacant Developed Retail – VDR

Those in the building industry are familiar with the term VDL, or vacant developed lots, which refers to the plethora of foreclosed developed lots that were available at the start of the downturn in 2008. A similar phenomenon is happening in the retail industry today and MarketNsight President John Hunt has coined the phrase Vacant Developed Retail (VDR) to refer[...]