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.
Blackvegetable » 15 Jun 2024, 4:40 pm » wrote: ↑ why?
Why the **** does this coward yap?
Now run quickly, cornhole..
What is says is that supply and demand is now favoring landlords.*Huey » 15 Jun 2024, 5:31 pm » wrote: ↑ Doesn’t you article say they are turning space into housing and restaurants.
Stop your **** spamming and yapping.
Clean that up and get back to me.Blackvegetable » 15 Jun 2024, 5:33 pm » wrote: ↑ What is says is that supply and demand is now favoring landlords.
And that people are going to malls.
Are you kidding me, Verbal?
This is only because old retail mall space is selling for pennies on the dollar these days.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.
The data is lying?*rippy38 » 15 Jun 2024, 6:01 pm » wrote: ↑ This is only because old retail mall space is selling for pennies on the dollar these days.
The mall in your story will most likely turn into smelly third world wet market in short order, and will eventually either be shut down by the health dept, or burned to collect insurance money. Then the homeless will take it over and claim it as their own.
I've seen it happen several times in Nashville over the last few years.
Bidenomics baby.
Not necessarily... it's just painting a rosier picture than what actually exists... and you're fawning over it because you think it makes your Cadaver in Chief look good.
What determines "what actually exists"....what you see, or the aggregate data?*rippy38 » 15 Jun 2024, 7:30 pm » wrote: ↑ Not necessarily... it's just painting a rosier picture than what actually exists... and you're fawning over it because you think it makes your Cadaver in Chief look good.
Sorry... I'm just calling balls and strikes here.
It's a **** paywall....Blackvegetable » 15 Jun 2024, 7:30 am » wrote: ↑ What Retail Apocalypse? Shopping Centers Are Making a Comeback.
https://www.nytimes.com/2024/06/09/busi ... roid-share
“We are seeing some of the most productive occupancy recorded in the last 10 years.”
Shopping center vacancy is the lowest it has been in two decades, at 5.4 percent, Cushman & Wakefield said in a recent report, and the edge in lease negotiations has shifted from tenants back to landlords.
This is what you look at to determine if the primary data may be lying to you.
Of course, data is entirely inconsequential if you're a slack jawed imbecile who spends many waking hours with lips brazed to the FOX tit..
These people are sooooooo **** stupid...
Is this part of the same story? If so, how is this "retail making a comeback" when they're turning it into section 8 housing? the grocery store?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.
Section 8?ROG62 » 15 Jun 2024, 10:25 pm » wrote: ↑ Is this part of the same story? If so, how is this "retail making a comeback" when they're turning it into section 8 housing? the grocery store?
Reality.Blackvegetable » 15 Jun 2024, 7:41 pm » wrote: ↑ What determines "what actually exists"....what you see, or the aggregate data?
Talk that ******* **** to someone equally ashamed to name his sources.*rippy38 » 16 Jun 2024, 5:03 am » wrote: ↑ Reality.
Putting a positive spin on a negative situation isn't difficult, despite the "data".
Strip malls that offer smaller retail spaces for specialty stores may be doing okay (for the time being), but big box anchor stores that once supported the widely popular traditional shipping malls are all but dead.
BIg box retail has been in a death spiral for years now, and Biden isn't "reviving" it, despite what the MSM propaganda machine would have you believe.
Thems just the facts ma'am.
Reality.