Sunday 25 October 2020

Covid pummeled shopping centers, but their parking lots are thriving

While many traditional streams of income for landlords have slowed or dried up due to the pandemic, one has proven to be a surprising earner: parking lots. Landlords of large parking lots and garages have been renting out those spaces for a variety of activities, including open-air retail, job fairs, polling stations and drive-through COVID-19 testing, the Wall Street Journal reported. Retailers like Walmart and Target are using their parking lots as makeshift distribution centers,



source https://therealdeal.com/2020/10/24/covid-pummeled-shopping-centers-but-their-parking-lots-are-thriving/

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