Monday, February 24, 2020

Can Ghost Kitchens Replace Bankrupt Mall Tenants?

Ghost kitchens, food preparation facilities used for delivery purposes only, are beginning to set up shop in regional malls, but industry sources are split on their value as tenants.

“I think it would be a mistake to think that [ghost kitchens] are going to move the needle very much for a mall…” says Scott Holmes, national director of retail with brokerage firm Marcus & Millichap.. . . more