Replies to post #72 on CBL & Associates Properties Inc (CBL)

[sabaidii2]

I agree that since Sears stores are little more than the Walking Dead, the sooner those stores are closed, the better. Better because the space can be re-purposed.

While select upscale retail malls are doing well, their less upscale cousins aren't. It's commonly agreed that much of the US has too many retail-oriented malls.

Successful malls include Silicon Valley's Santana Row: upscale, open-air, featuring nice restaurants, boutique stores (ie, expensive), and even a Tesla car dealership. (Tesla cars are popular in California, in general, and in high-income Silicon Valley, in particular. Tesla's Fremont factory is part of Silicon Valley.)

"Life style" businesses such as gyms, and multiplex movie theaters, can now be found in some malls. They are great long-term tenants. Plus, they attract lots of foot traffic.