Strategic Resource Group
Outdoor Malls Reinventing as "Community Centers"
Burt Flickinger was interviewed by Nathan Hagar for a Bloomberg Money Minute feature on the Future of Retail Malls & Shopping Centers, which are experiencing the 'Dickenesque' (Tale of Two Cities): "Best of Times & Worst of Times" as they transition to mixed-use community centers including YMCAs, police substations & post offices. They are also adding big-box retailers like Target & Costco that are paying higher rents, giving an advantage to mall operators like Kimco that are strategically investing in their centers to make them very viable Retail & Commercial destinations.
Listen now: https://www.dropbox.com/s/3nho9idypxeko4k/1218MONSAT6Malls.wav?dl=0