Press: Edge Realty + Dallas Business Journal

Read Edge Realty’s latest media mention via Dallas Business Journal, below.

How many DFW malls will be left after COVID-19? Three or four, expert predicts

Dallas-Fort Worth is currently home to 18 malls with a total footprint of 21.2 million square feet, according to Weitzman. After the dust from the COVID-19 pandemic settles, only three or four may be left standing.
This is the prediction of Barney McAuley, the new managing director at Edge Capital Markets, the investment services platform of Dallas-based Edge Realty Partners. In his new role, McAuley will be working closely with CMBS lenders and the mall properties across the country that they are coming into possession of.
"There are 1,100 malls in America and somewhere between 700 and 800 of them are not going to be malls much longer," McAuley recently told the Business Journal.