Shopping malls prepare to make a comeback

MetrocenterBy Erin Davis | AZ Business Magazine

If “slow and steady” is the general theme for the 2016 commercial real estate outlook, shopping centers may have a quasi-theme of “rocket boost.”

With a lagging economic recovery and what most agree is as an overbuilt retail sector, where exactly will this push occur?

The answer may lie in the place most worshipped by iconic “Clueless” protagonist Cher and most of the cast of “Fast Times at Ridgemont High” if you’re a product of the 1980s. If you haven’t guessed — it’s the mall.

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