San Francisco Centre Faces Foreclosure as Tenants Flee
San Francisco Centre Faces Foreclosure as Tenants Flee

San Francisco Centre Faces Foreclosure as Tenants Flee

News summary

The San Francisco Centre mall has lost multiple food-court tenants, including Charleys Cheesesteaks, Mashaallah Halal Pakistani Food and Sarku Japan, leaving only a few chains such as Shake Shack and Panda Express still operating. Operators blamed collapsing sales, dwindling foot traffic and broader local challenges for the exits. The mall, once a bustling retail hub, has seen soaring vacancy and a plunging appraisal value that have placed the property on a precarious path toward potential foreclosure. Restaurant owners report drastically reduced sales and some independents have relocated or reopened nearby to survive. The decline mirrors wider pressures on urban retail and dining destinations as major anchors closed in recent years.

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Last Updated
18 days ago
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