The locations are: Orlando--3228 E. Colonial Dr.; 2620 N. Hiawassee Rd.; 4140 Town Center Blvd; in Apopka, FL--2302 Semoran Blvd.; in Kissimmee, FL--2220 Irlo Bronson Hwy.; in Ormond Beach, FL--1458 W. Granada Blvd.; in Rockledge, FL--282 Barton Blvd.; in Winter Haven, FL--2008 Eighth St.; and in Lakeland, FL--4275 U.S. 98.

Although not high-tech in design, the Kmart-leased buildings won't have to be retrofitted expensively to cater to local tenants but at the same time, the structures will present critical leasing decisions from owners.

"If an owner re-leases the space to low-credit tenants, they will probably use the existing structure," John M. Crossman, senior vice president/retail, Trammell Crow Co./Orlando, tells GlobeSt.com. "The problem is that low-credit tenants have low credit and typically pay low rents. For an owner to switch from a national to a local tenant, their [building] value automatically goes down."

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