• Some mall landlords now making risky investments in tech startups

    10 monthes ago - By The Real Deal New York

    From TRD South Florida: Facing an ever-growing threat from e-commerce, mall landlords across the country are trying to counter their falling retail revenues by making bets on tech startups. In recent months, Macerich Co., Simon Property Group, Westfield Corp. and CBL & Associates Properties have all taken venture capital-style risks into clicks-to-bricks ventures, the Wall Street Journal reported.
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