Sunday, August 30, 2009

WSJ: Is commercial real estate the next crisis?

Don't expect the mall anytime soon.

Tim White

2 comments:

Anonymous said...

Sure is, look at Action Sports. Another empty store front is less money that the shopping center has to pay in taxes.

I heard last weekend that the mall was going to be moving ahead very soon. Plans were being finalized and are ready to be submitted.

Anonymous said...

Took a driving trip to Indianapolis in early August; astounded with all of the vacant commercial real estate along the highway--MANY new buildings. Let 'em build the mall; what little business they'll do will cause other businesses to fail; just not that much money around anymore to spend....