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Struggling San Francisco takes another big hit as mall owner Westfield flees

Por: New York Post Business June 14, 2023

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The  as the owners of one of the biggest shopping centers in the city decided to walk away after 20 years, in the face of declining sales, occupancy and foot traffic. Unibail-Rodamco-Westfield said late on Monday it will transfer its Westfield San Francisco shopping mall to lenders. The announcement followed Park Hotels & Resorts statement last week that it ceased making payments toward a $725 million mortgage linked to its... + full article



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