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Westfield surrenders keys to downtown San Francisco shopping mall to lender

Por: MarketWatch Business June 13, 2023

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In a statement, Westfield blamed “the challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.” Westfield’s partner in the mall, Brookfield Properties, did not immediately reply when asked for comment late Monday. San Francisco has been slow to recover from pandemic conditions that kept workers away from their offices, and some fear the city is locked in a where office... + full article



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