Directory of Major Malls
Directory of Major Malls

Leasing

Hue Chen on Mapping the Cascading Effects of Vacancy and using AI in retail space leasing

The cascading effects of vacancies and multiplier effect of lease up

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Guest contributor Hue Chen, President of Saglo Companies discusses how the retail landscape is experiencing a renaissance, but the true economic benefit of a signed lease doesn’t begin until the tenant’s doors open.
Today’s reality is sobering: delays in opening new businesses can now take 9-12 months, creating economic vacuums that impact payroll, tax revenue, and the economic multiplier effect from the neighborhood to the national level. He explores using AI powered processes to streamline and accelerate processes.

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