As a result of the financial meltdown that occurred in 2007 and 2008, many shopping center developers had to recreate their business models or find another occupation (like I did).
As a result of the financial meltdown that occurred in 2007 and 2008, many shopping center developers had to recreate their business models or find another occupation (like I did).
Once a robust investment alternative, shopping center developers and landlords had to look for other ways to capitalize on leasing space to retail tenants. As a result of the decline in retail leasing, shopping center construction has maintained modest growth since the end of the Great Recession.
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Brad Thomas is the Editor of the Forbes Real Estate Investor.
Disclaimer: This article is intended to provide information to interested parties. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to complete their own due diligence before purchasing any stocks mentioned or recommended.
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