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NORTH MIAMI BEACH, FL-Although Equity One Inc.’s biggest leasing challenge continues to be its small shop space, REIT president Thomas Caputo says rent relief requests from smaller tenants are “significantly down” across the portfolio.

“Our biggest challenge on the leasing front is maintaining small store occupancy,” Caputo said during Equity One’s second quarter earnings call. “Most small store operators are undercapitalized and many no longer have access to credit.”

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