Shopping Centers Today | Retail landlords put faith in houses of worship

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Retail landlords put faith in houses of worship | ICSC: International Council of Shopping Centers

7/1/19, 5:58 PM

SCT

Retail landlords put faith in houses of worship

April 16, 2019 Most likely, the thought of leasing space to a church has rarely, if ever, crossed the mind of the typical mall or shopping center owner. But that is changing as contemporary and largely nondenominational religious institutions have continued to grow and evolve.

Some of these churches boast congregations that number in the thousands of attendees, and they tend to be financially sound and to inject significant amounts of capital into upgrading their spaces. Moreover, having shed the image of being Sunday-only users, some of these church tenants drive traffic all week long by https://www.icsc.com/news-and-views/icsc-exchange/retail-landlords-put-faith-in-houses-of-worship

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