Some retail shops, restaurants, fitness centers, and movie theaters that survive the pandemic panic may be paying much lower rents in the coming years.
As more states begin allowing non-essential businesses to re-open, Phillips Edison & Company has created a website to help tenants get going quickly at its 317 centers in the United States.
Landlords of outdoor shopping centers—especially those with loads of closed stand-alone restaurants—may want to develop some contacts in the cannabis dispensary business.
Simon Property Group’s intention to make southern New York properties like the Woodbury Common outlet center part of its mass mall-reopening got postponed.