Insights for 7-20-20

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"At a lot of lower-quality malls, where maybe there already is a vacant anchor, where you’ve got the Sears box that closed two years ago and not yet filled it, and now your J.C. Penney box is closed — that is going to cause that mall to likely lose a lot of tenants and possibly even lose its competitive positioning very quickly."

Vince Tibone, a retail analyst at real estate research firm Green Street Advisors, in a recent interview with The New York Times for its story, “With Department Stores Disappearing, Malls Could Be Next.”