middlemarketgrowth.com
To say that the American mall is dead is a gross exaggeration. While
many shopping centers across the country are struggling, so-called Class
A mall real estate, typically in densely populated major metropolitan
areas with attractive demographics and innovative concepts, is doing
well and piquing investor interest.
While the shopping center of
the past was largely dependent on large, well-known retail anchor
stores, today’s mall developers are retrofitting space to become
lifestyle hubs, relying on a mix of fine dining, entertainment, hotels,
offices, health care providers and retail, among other concepts, to help
generate traffic.. . . more
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