Landlords Are Practically Giving Malls Away
Bloomberg, June 12, 2018–Sarah Mulholland (subscription)
As they battle the rise of e-commerce, U.S. mall owners are trying to clear their books of fading centers so they can focus on the most-profitable ones. That’s proving difficult, with just a shallow pool of investors who are willing to take on a declining mall and even fewer who would pay what the landlords want.
