Report: Vacancies Drop for Roseville Strip Malls

As always, we saw some businesses come and others go in Roseville during the third quarter.

According to a report released Monday from real estate firm Colliers International, retail vacancy fell across the region in the third quarter to around 13 percent. In Roseville and Rocklin, 26 percent of strip mall centers and 16 percent of community neighborhood centers remain vacant, the report stated.

Last quarter, more than 15,000 square feet of community neighborhood shopping centers went vacant in Roseville and Rocklin, while about 8,000 square feet of strip malls were filled. In Roseville, new businesses included new shops at the and . But we also lost and .

"Unanchored strip centers continue to be the most challenged retail subsector in the region," the report stated. "Small businesses tend to be the highest percentage user of strip facilities, and also the first segment of the retail sector to close their doors during economic contraction."

Overall, the report is positive about the future for Sacramento's retail businesses, highlighting successes in Roseville, Elk Grove and Arden Arcade areas.

"We believe Sacramento’s retail market has entered into its recovery phase, but it will be a recovery that will happen very gradually as the local, and national, economies continue to be influenced by both positive and negative pressures," Colliers wrote. "Retailers across all subsectors will likely have struggles to deal with as long as influences like high fuel prices, distressed housing market, and poor area economics continue to put financial pressures on consumers."

What do you think of the retail climate in Roseville? Is it getting better or worse?