Winter Park tries to slow Park Avenue's retail loss - Puget Sound Business Journal (Seattle):

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Take Chris Tillett, CEO of boutique makeul studio , who moved from Park Avenu e to Maitland last summer due to highrent (he was paying $41 per square foot in Winter Park), less foot traffic and lack of city Tillett’s exit and that of othef former Park Avenue retailers have promptefd both the city of Winter Park and landlordsx to try to address the situation. “We saw businessesa leaving and an increasing animosithy between retailersand restaurants, so this was the perfect time to talk it said Sherry Gutch, community redevelopment directof for Winter Park. In fact, the area’s vacanch rate has nearly doubled in the past 12 jumping to 11 percentfrom 6.
5 percentt a year ago, said Colliers Arnold in a real estate services firm. In addition, the averagre rental rate is $25.64 per squar foot, down 5.4 percent from $27.10 per square foot a year ago.