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Salem’s downtown has seen some local businesses shut their doors in recent years, but the Salem Reporter found that the economy is still strong there. Currently the vacancy rate for store fronts stands at 3.8%, and about half of the available spaces have new tenants within 6 months. Abbey McDonald is the homelessness and housing reporter for the publication. She joins us to share more.
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Salem’s downtown has seen some local businesses shut their doors in recent years, but the Salem Reporter found that the economy is still strong there. Currently the vacancy rate for store fronts stands at 3.8%, and about half of the available spaces have new tenants within 6 months. Abbey McDonald is the homelessness and housing reporter for the publication. She joins us to share more.
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