Fighting Off the Mallpocalypse
April 19, 2018
In 2017, a new report released by Credit Suisse gave voice to the fears that retailers and real estate professionals have been murmuring about for quite some time. According to the report, approximately 20 percent to 25 percent of all American malls will be shuttered inside of five years.
What is remarkable is the fact that, as dramatic as that conclusion might seem, it might be a conservative estimate. Even more concerning is what that report does not go into detail about: the potential economic fallout of this mall “die off,” and what the extent of the impact could be—not only on the commercial real estate landscape, but on the national and international economy.
Finish Reading on RejournalsRelated Posts
NAI Farbman/Farbman Group & Healthrise Grand Opening!
Blog Post | October 30, 2024
Thank you to everyone who joined us for the grand opening of NAI Farbman / Farbman Group & Healthrise! Your presence made the event truly memorable, and we are...
Read MoreThank You Lavendar Chair Massage!
Blog Post | October 23, 2024
At Farbman Group, we believe in taking care of our team’s well-being. That’s why we’re excited to offer chair massages to our employees, courtesy of Lavender Chair Massage! It’s...
Read MoreFarbman Group Wellness Room!
Blog Post | October 22, 2024
Exciting news! Our new Wellness Room is officially complete at Farbman Group! This space is designed to help our team relax, recharge, and prioritize well-being throughout the day. We’re...
Read More