Are malls in Philadelphia’s suburbs dying? Or are they evolving? ...Middle East

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Are malls in Philadelphia’s suburbs dying? Or are they evolving?
source : NY Times News ( Middle East ) () 146
Oversaturation is as easy as ABC: ‘Just by nature of capitalism, somebody’s not going to survive’ Mall rents are close to an all-time high, according to Adam Cummings, a retail occupier mall practice leader for CBRE. He said its because in the aggregate, occupancy is still relatively low. “If there’s very little vacancy and they’ve […] The post Are malls in Philadelphia’s suburbs dying? Or are they evolving? appeared first on NY Times News Today.

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