Monday, June 19, 2017

Report: Mall occupancy stable, reuse just beginning

Mall productivity rose 0.7% in the last year to $465 per square foot and has generally remained steady, just one indication that all is not lost for the suburban American mall, according to a report released last week from privately held real estate firm Transwestern.

Regional U.S. malls have had positive net absorption since 2010, with the only blip occurring in 2009, at the height of the recession. . . . more

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