Quote:
Originally Posted by Strange Brew
You’re right. I’m sure if I came back the following week all those empty spaces would have tenants and the quality of the other stores and foot traffic would be entirely different.
Pretty sure my experience is indicative of the decline of the supersized suburban mall in the US. There is no shortage of data that supports this.
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Outlet malls on the outskirts of cities have WAY outperformed suburban malls and downtown retail both before covid-19 and during the pandemic. That isn't to say tons of new ones will be going up next year, but they've been better than every retail asset class except grocery anchored strip malls.