Oh, I get it.
Commercial Real Estate is in the crapper. The whole work from home thing ruined the market. Two decent sized malls in my area have closed in the past year. And the other one that is left, you could use the main aisle as a driving range and you would hit no one.
I have a friend trying to get out of a lease with a guy who has over a million square feet of open space in souther NH. That owner’s debt service must be crazy.
Our Mall, once the biggest mall in the Panhandle of Florida, is nearly empty and will probably be torn down for condos. Part of it already has been.........