Westfield surrenders San Francisco shopping mall to lender.

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This on the back of several other large property white flag wavers in past few weeks. seems companies can’t bail out of SF fast enough.

With malls in Democrat-malgoverned cities overrun with feral packs of Youth for Biden stealing & preying on the last of the paying customers, it’s no wonder failing malls are being handed back to the lenders, who will absorb huge losses & be stuck with white elephants.

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Westfield is giving up its downtown San Francisco shopping mall and will surrender to its lender, the company said on Monday.

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“We have made the difficult decision to begin the process to transfer management of the shopping center to our lender to allow them to appoint a receiver to operate the property going forward.”

www.youtube.com/watch?v=TtnjRZaCwYY

h/t CharlieFoxtrot

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