Westfield, San Francisco's Premier Mall, to Abandon Downtown Lease,

Westfield, San Francisco's Premier Mall, to Abandon Downtown Lease, - By Tony Ng

• ...Adding to SF's Exodus of the Largest Hotel, Nordstrom, & Others

"...With San Francisco's office market ending 2022 with a massive 32.1% vacancy rate and a record negative absorption of over 4.5 million square feet, according to Crexi, the challenges faced by the retail industry are becoming increasingly apparent as even previously resilient businesses buckle under the strain of the current economic climate. 

The recent closure of a Whole Foods Market in the city due to safety concerns and an increase in crime...