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zambono

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zambono

Re: sabaidii2 post# 70

Friday, 08/24/2018 3:15:37 PM

Friday, August 24, 2018 3:15:37 PM

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I am not sure if you are in agreement or not, but yes I would consider that 1 out 46 Sears to close to be in the portfolio as good news for $CBL. Is it good news for the mall or local economy of those stores I don't think so. Oddly one of the stores that is closing is in northern VA and the last time I was at that shopping center it was busy, I would call it an A property with good restaurants, Apple store and such. People just don't shop at Sears as much. I should rephrase people in well off areas of the country don't shop in big department stores as much.

These are my opinions and definitely not investing or legal advice, do your own research and may you have great returns.

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