Vacant storefronts: Turning negatives into opportunities

Vacant storefronts exist in every community. Most often it’s not a sign of a struggling district or a poor economy. Businesses come and go for various reasons. Perhaps a business has grown and moved to a larger space. Maybe another has refined its offerings and downsized to a smaller space. Some business owners face unexpected personal (or personnel) issues that force them to close. But having some vacancies in a district is actually a good thing, so when a suitable business is looking for space, there are options available.

Yes, there are local, state, or even global economic issues that can affect businesses and vacancies, but those are generally temporary. It’s how our businesses, property owners, and communities react to these ebbs and flows that will determine how well they’re able to get through them. And in most cases, such success depends on the message and attitude they’re portraying.

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