Posted on Oct 15, 2020
Turning a dead mall into a warehouse will slash its value as much as 90%, Barclays predicts
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"Turning dead malls into fulfillment centers, apartment complexes, schools or medical offices could mean massive write offs in property values, according to a new Barclays report."
Turning a dead mall into a warehouse will slash its value as much as 90%, Barclays predicts
Posted from cnbc.com
Commercial Real Estate
Business
Economy
Posted 4 y ago
Responses: 4
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LTC Eugene Chu I think dead malls could be best utilized to house homeless veterans and be set up like a little post. Have one “Store” serve as the medic office, one area for donated clothing, one store for haircuts, one place for transition counseling, one place for resume writing and job application assistance, a space for art, a space for “coffee and donuts” chats and a sign up roster of skills veterans have that could be used to help other veterans in the community. COL Mikel J. Burroughs SFC Joe S. Davis Jr., MSM, DSL
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Maj Kim Patterson
LTC Eugene Chu Did you know one of the fastest rising of the homeless veteran population are women with children?
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LTC Eugene Chu
Maj Kim Patterson - I did not know that and am curious about the circumstances of those particular homeless veterans
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Maj Kim Patterson
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One of the malls here in Houston (where I spent a lot of great times as a kid) sat vacant for years. They turned it into a hospital clinic, and gets quite a bit if traffic. The area seems to be the same around it.
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