"Vacancies rise modestly". The vacancy rate in Marin shopping centers increased from 4.0% in 2007 to 6.2% in 2008. So the amount of vacant store space increased by more than 50%. Modest increase? No. But we're still way below the national average of approx. 10%
Average asking rental rates in the county are approx. $28 per sq.ft NNN, and are highger in the south of the county ($36 per sq.ft) than the north ($25 per sq.ft).
"Both Whole Foods and Trader Joes set to add stores in 2009". But don't form a line at the door just yet. The last time I looked, the Novato Whole Foods was not expected to open until spring 2010. And in this economic climate I would be surprised to see any activity at the sites acquired by Whole Foods in Mill Valley and Trader Joes in Larkspur.