Through the pandemic and a Chapter 11 restructuring, one of the nation’s largest owners of regional malls reports that it put tenants in 1.4 million sq. ft. of newly leased space as it attempts to transform its portfolio into suburban town centers.
For years, Phillips Edison’s national accounts and emerging trends team has been doggedly cataloging new trends in its neighborhood retail centers, but not as dogged as during COVID-plagued 2020.