In response to all that empty retail space popping up everywhere, the distinguished Wall Street Journal blasted that “developers want malls to become warehouses or offices. The Wall Street Journal article cited malls that Brookfield Property Partners tried to convert shopping malls to other purposes with poor results. I recently read an article by Brad Thomas; he is literally the Dr. Anthony Fauci for REITs. The report covers Federal Realty Investment Trust REIT (FRT). When one reads about these quality REITs, one must think that managements of the REIT’s the Wall Street Journal was highlighting were weak and not imaginative.

Source: Forbes January 22, 2021 12:10 UTC