The Mall of San Juan, in Puerto Rico’s capital, opened to great fanfare in 2015. But the last five years haven’t been kind to the $475 million upscale shopping center, which has grappled with retail bankruptcies, natural disasters and the coronavirus pandemic. Today more than a third of the 631,000-square-foot mall is empty and the property will soon lose its last remaining anchor store, Nordstrom, according to Bloomberg. The mall’s rising vacancy and mounting financial
SOURCE: The Real Deal New York – Read entire story here.