Mall owners transform anchor space from empty to alive

324 anchors are expected to close, turning about 36 million square feet of retail space vacant.

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Empty to Alive: The Next Use for Department Store Space Report

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What's in the report?

F&B, grocery and entertainment become the new highest and best use for many former department stores.
Seritage re-leased former Sears and Kmart stores to more than quadruple their rental rate.
GGP found a second life for nearly 50 former department store anchors in their portfolio.

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Contact our U.S. Retail experts directly.

James Cook

Director of Retail Research

Naveen Jaggi

President of Retail Brokerage

Holly Rome

Director of National Retail Leasing

Greg Maloney

CEO of Retail

For more information and other JLL retail research visit www.jllretail.com/research.