In S&P Global Market Intelligence, Matt Weinstein discusses how mall and shopping center landlords are addressing the potential cascade of movie theater closures.

“Most movie theaters are renters, and the nationwide closures put yet more pressure on retail landlords grappling with retailer bankruptcies, downsizings and rent collection during the pandemic,” Matt stated.

“Landlords are already contending with co-tenancy issues as a result of department store closures, and the added challenge could push them over the edge,” Matt added.

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