San Francisco Centre Mall Faces Near-Total Vacancy After Multiple Restaurant Closures

The San Francisco Centre mall is experiencing a significant decline, losing two more food court staples, Charleys Cheesesteaks and Mashaallah Halal Pakistani Food, leaving only a few eateries such as Shake Shack, Sarku Japan, and Panda Express still operating. The mall, which once housed over 200 stores and was a bustling retail hub, now has 93 percent vacancy and has seen a mass exodus of tenants due to escalating crime, homelessness, and declining foot traffic. This downturn has drastically reduced the mall's value from over $1 billion in 2016 to just $195 million in 2024, with major anchors like Nordstrom and Bloomingdale's closing early. The food court, once a lively area with over 20 options, is now on life support with only a handful of restaurants remaining, some preparing to relocate nearby due to the mall's struggles. Meanwhile, Iron Hill Brewery & Restaurant, a nearly 30-year-old craft beer and dining chain, abruptly closed all 16 of its locations amid financial challenges and is filing for bankruptcy, marking the end of its long-standing presence. Both stories reflect broader challenges in the retail and dining sectors as economic pressures and changing consumer patterns impact longstanding businesses.