The Latest from SREG

Unique, people-first culture, and how SREG is redefining the industry

Are Malls Dying?

Friday, Feb 7, 2020

SpinosoREG - Featured Image - Article- Are Malls DyingIn response to the broad question, the answer is NO.

Unfortunately, the media has been proclaiming “the death of the mall” for some time now, and many people have accepted the thought.

Clearly, a number of malls have died, and others may still die. But as explained below, there are understandable reasons for the closures of a number of low performing malls.

However, many malls around the US are in fact thriving. In addition to the hundreds of “A” malls, which are performing better than ever, many malls with a strong ownership focus and commitment are reinvesting both physically and from a tenant mix perspective — and as a result, will continue to thrive.

It’s also important to note that many of today’s lower performing malls have the potential to be re-purposed away from a traditional retail focus, and can attain long-term viability in a new format that includes a wide range of uses such as entertainment, hospitality, healthcare, office space, residential, educational venues, personal and public services, etc.

SREG's Insight, Expertise & Experience

Find out how SREG's unparalleled level of service, unprecedented expertise, and in-depth industry insight can transform your assets and create significant real estate value.

Subscribe to SREG's The Deal

Your privacy is extremely important to us. We will not share, sell or distribute your information outside our company.

Subscribe to SREG's The Deal

Your privacy is extremely important to us. We will not share, sell or distribute your information outside our company.