Buffalo, N.Y. (WBEN) – An already fragile regional retail-related commercial real estate market is now reeling from the addition of 68 former Rite Aid locations that have been added to a glutted market place.
And prospects for finding buyers or tenants for these buildings is slim, given the current unstable retail market with stores – both independent and chain sites – constantly being added to the growing portfolio of available space.
“Tough time, to be sure,” said Bob Schell, Pyramid Brokerage Co. of Buffalo president…