According to a new report from Transwestern, despite the growing number of stories that focus on malls’ demise, regional malls have had positive net absorption since 2010 with occupancy at 95% at the close of 2016. While the retail sector certainly faces challenges, the idea that all regional malls are obsolete is simply not accurate. Read the full report at http://twurls.com/mall-reuse.
According to a new report from Transwestern, despite the growing number of stories that focus on malls’ demise, regional malls have had positive net absorption since 2010 with occupancy at 95% at the close of 2016. While the retail sector certainly faces challenges, the idea that all regional malls are obsolete is simply not accurate. Read the full report at http://twurls.com/mall-reuse.