Monday, September 16, 2024

San Francisco mall owner bailing as city struggles with rampant crime

Posted By Peter Coyne | 2023-06-16 06:26:22

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.

  • Crime in and around the area has led to a decline in sales, occupancy, and foot traffic according to Westfield.

Westfield’s move comes less than a week after Park Hotels & Resorts announced it had handed two prominent hotels back to the bank for the same reasons.

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