As all owners of shopping centers endeavor to present customers best practices for hygiene and sanitation, three leaders in retail real estate have won top grades for advancing global climate change.
A mall in Elk Grove, Calif., whose completion was stalled by the 2008 recession and then left vacant again when new owner Howard Hughes Corp. couldn’t make a go of it is getting a third roll of the dice.
Shopping malls have been an important part of people’s lives for decades. However, the current state of the retail industry demands they reinvent themselves in order to stay relevant and survive.