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Walking away: San Francisco mall owner hands property back to bank as exodus continues

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foxbusiness.com/markets/walking-away-san-francisco-mall-owner-hands-property-back-bank-exodus-continues

Shopping center giant Westfield is walking away from its San Francisco Centre mall, becoming the latest major company to leave the California city amid rampant crime problems.
Westfield confirmed to FOX Business Monday that the company and partner Brookfield Properties earlier this month stopped making payments on a $558 million loan securing the San Francisco Centre…

This story from foxbusiness.com was posted on 2023-06-13 by @starfly.

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