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The battered San Francisco Centre is losing yet another store, marking the fifth closure in the past month and sending the shopping mall’s occupancy rate to just 25%.
The mall will soon be called Emporium Centre San Francisco. The name is a nod to the mall’s history as it opened in 1896 as The Emporium. Watch NBC Bay Area News free wherever you are ...
Westfield San Francisco Centre’s owners are walking away from the mall, which is the city’s largest, and letting lenders take it over. The mall contains the historic Emporium department store ...
A view of San Francisco skyline as the city struggles to return to its pre-pandemic downtown occupancy rate, falling behind many other major cities around the country, according to local officials ...
By comparison, retail sales at malls across the U.S. rose 11.2% from 2021 to 2022, according to International Council of Shopping Center data. San Francisco's economy, like those of many U.S ...
Westfield, which has owned the downtown San Francisco Centre mall since 2002, said this week that it was handing it back to its lender. The mall is expected to be 45 percent empty when Nordstrom ...
Two loans mature on Oct. 1 for the mall next door to San Francisco State University, according to commercial mortgage-backed securities servicer data. One is for $150 million […] Sign in Subscribe ...
San Francisco's biggest mall saw its value slashed by about 75% in December, to $290 million — marking a loss of nearly $1 billion since the property was last financed by Wall Street lenders ...