Green Street Advisors

 

 

Malls Are Here to Stay, Says Phil Owens

Phil Owens met with REIT.com during REITWeek 2017 to discuss the future of the retail sector. Owens focused on malls, and particularly noted that high-quality malls are likely to remain relevant for investors, whereas lower-quality malls will continue to face challenges. Owens believes that malls are not going away, but will look different in the future, with mall operators continuing to adapt to changes in the retail space.