By Stephanie Landsman Producer, CNBC's 'Squawk Box'
NEW YORK ( CNBC) -- We are heading into a holiday season without Borders, Blockbuster, and Linens 'n Things. Retailers such as Abercrombie and Fitch ( ANF), Gap ( GPS), and Limited Brands ( LTD) have collectively closed hundreds of stores across the country. The retailers have left big gaps in malls since closing last year. Evidence of the impact is seen in a report out this month showing shopping mall vacancies hit an 11-year high in the third quarter. Commercial real estate research firm Reis finds regional and super mall vacancies are up 9.4% in the three months ending Sept. 30 from 8.8% a year earlier. It marks the third quarter in a row of vacancy increases. More notably, it is the highest level since Reis began publishing the data in 2000.
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