Just last year, mall owner CBL made a Live! Casino the new anchor of Westmoreland Mall outside Pittsburgh. Now in State College, a local investor plans to do the same at Nittany Mall.
The city of Decatur, Ga., home to two malls and 15 blocks of renovated commercial district downtown, wants to urge successful e-commers into its brick-and-mortar marketplace.
Commercial real estate investors and experts expect leasing velocity and tenant walkthroughs to increase in the retail sector, while rents will remain flat.