Insights for 12-7-18

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"We went through a period in the last 18 months when it was difficult for malls in the middle sector to get capital. It’s loosening up because it’s getting clearer who’s going to make it."

-Richard Latella, executive managing director and retail practice group lead for the Americas, at real estate services firm Cushman & Wakefield, in an interview this week with National Real Estate Investor. Latella also noted that many of the middle market malls have stabilized occupancies now, though they may not reach 95 percent occupancy again. Some of these malls are getting help from municipalities that bring in public, non-retail uses to the malls, he noted, according to the interview.