A new study has found that in-line tenants in malls are signing on for shorter lease periods, while non-traditional tenants are opting to fill up the space. Data from CoStar has revealed that leases for general retail and apparel tenants have fallen from an average...
JLL found that mall rents in Q2 dropped 4.6 percent from the first quarter and 7.1 percent from one year prior. But, in terms of bringing in tenants, some malls fared better than others, Chain Store Age reported. “[Malls] with strong locations were able to...
Bulletin — described as “WeWork for retail” — opened its second New York City retail space this week while also raising funds in anticipation of opening additional NYC locations as well as eventually branching out to other cities. According to TechCrunch, the company is a way...
With more major retailers announcing same-day delivery programs every month, it seems clear that the modern consumer doesn’t need the traditional mall any more. While rows and rows of shops and kiosks might have appealed to their parents, younger consumers just aren’t enamored with retail...
January 30, 2019
A new study has found that in-line tenants in malls are signing on for shorter lease periods, while non-traditional tenants are opting to fill up the space. Data from CoStar has revealed that leases for general retail and apparel tenants have fallen from an average of six years in the five-year period ending in 2007 […]
September 14, 2018
JLL found that mall rents in Q2 dropped 4.6 percent from the first quarter and 7.1 percent from one year prior. But, in terms of bringing in tenants, some malls...
