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Old Posted Oct 30, 2013, 6:47 PM
eternallyme eternallyme is offline
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http://www.retail-insider.com/

Good analysis there. Is there ANYONE willing to fill 800,000 square feet though? That much space for only fashion (i.e. no home appliances, furniture, etc.) would be almost unheard of these days, and those hard goods are not exactly the most profitable.

I think the locations at Markville (less upscale area) and Masonville (mid-sized city) are going to be more difficult to fill though. Masonville is very productive, but are new anchors really interested in a city of 400,000? Meanwhile, Markville is not one of the most productive malls, so it is unlikely to get anything higher-end. Subdividing that space for smaller stores or non-retail uses is probably the best they will be able to do.

For comparison, what are typical retail options in US urban areas of population 200,000 to 500,000 (i.e. lower mid-sized)?
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