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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.
NAI Farbman recently closed several big transactions in Michigan, icluding the 18,000-square-foot sale of a mixed-use building in Detroit.
The building is located at 8001 W. Jefferson. NAI Farbman’s Daniel McCleary represented the owner in this transaction, Alexandria H. Curtic.
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