90% of U.S. Malls, Shopping Centers Could Shutter, Says CenterSquare's Crowe

90% of U.S. Malls, Shopping Centers Could Shutter, Says CenterSquare's Crowe

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Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the current state of rent collection in various retail sectors, highlighting that malls are collecting 20-25% of rent, grocery-anchored centers 50%, and essential services 80%. It explores successful retail models like Apple and Target, emphasizing the shift to omnichannel strategies. The impact on mall owners is significant, with potential vacancies due to co-tenancy agreements. The commercial real estate sector faces challenges, with a need to focus more on industrial and data centers rather than traditional retail and office spaces.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some examples of successful retailers mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in retail space requirements are anticipated post-crisis?

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