Taps for retail

Even the stalwart Forbes is now facing the impending doom of the traditional retail landscape. Like it or not, and landlords should take note, the mall and shopping center are about to become transformed from a place of shopping to a, likely very much smaller, venue for showrooming, dining, entertainment and convenience groceries.

The time is coming for mall owners to begin working entitlements for residential conversion. Of course, given recent home ownership trends, apartments should be top on the agenda.