16 Jun 2024 8:08 am
the malls went bust and they converted them to housing and restaurants....Blackvegetable » 15 Jun 2024, 7:56 am » wrote: ↑ If you don't believe me...here's my friend, Bill...
Similarly, Shopoff Realty Investments plans to turn a Macy’s and vacant Sears that bookend Westminster Mall, south of Los Angeles, into housing and about 25,000 square feet of food retail space, like restaurants. The project is part of the firm’s strategy to buy and convert distressed retail properties. It typically reduces shop space 60 to 90 percent, said Bill Shopoff, founder of the company, which is in Irvine, Calif.
“There’s a sufficient number of these opportunities to keep our pipeline well stocked for a number of years to come,” he said.
ibid.
Shared wall living.