Quote:
Originally Posted by mhays
I've been in commercial real estate way too long to believe such things. Even if it gets built, malls and "attractions" underperform all the time. Even successes can be very short-lived.
Now add the fact that retail is cratering overall. And the better sectors of retail today can be their own craters tomorrow.
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I've been in commercial real estate for nearly 15 years now, and theme parks are an entirely different thing from offering brick-and-mortar retail space to businesses as a landlord.
The fact that retail is cratering has no bearing on amusement parks, which this, from what I can see, is. An amusement park to take your kids to, where you can also happen to do a bit of shopping on the side if you want.