The sad part of the "de'malling" ... how do you like that shaming tag ?
About 25 years ago, the city of Hurst, Tx went to court and had about 35 homes demolished through eminent domain to expand the mall. Now it has gone down hill losing tenants right and left and the families are wondering "wow ... we sure got double screwed".
Rent in malls is outrageous. $6,000. $7,000 per month. Of course they can’t compete with online stores with lower overhead. Malls & strip centers sit empty. They’ve brought much of their pain on themselves.
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