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The Mauling of Malls....The Mess...The Madness...The Mayhem
Maggiano's Little Italy 111 W. Grand Ave. Chicago, IL 60654 USA 312-644-4284 View additional information
Thursday, March 15, 2018, 7:45 AM - 9:45 AM CDT
Category: Breakfast Meeting
The Mauling of Malls Thursday, March 15, 2018 Breakfast 7:45 a.m. Maggiano's Little Italy REIA Member - $35 Non-Member $55 Valet Parking Available Super regional and enclosed malls are failing across the country. Of Chicago’s 28 major malls, fewer than 10 are profitable. The B and C malls are also suffering. And NOW this year, we will see the closing of many grocery anchored malls and the disbursement of tenants…and this is just the beginning. What do we do? How is a city or village impacted when they lose the income from real estate taxes and sales? Are the malls recoverable and how? How does this trend impact the entire real estate industry? We will be discussing these and other topics related to the fate of Chicago’s malls. Facilitator: Keith Lord, President, The Lord Companies, LLC THIS will not be a typical panel, but instead an open controversial discussion on the future of malls and retail. |