October 2, 2022

Obarbas

Youth trendy style

Columbus malls, searching plazas rebounding

Right after plunging in 2020, central Ohio retail is climbing out of its pandemic hole.

Foot site visitors is increasing, leasing is up, and new retailers are opening all over the Columbus space, but plenty of clouds continue to be, especially for enclosed malls and more mature strip facilities in central Ohio, which has more than two times the retail house of the U.S. average. 

“A year in the past, I definitely thought I was heading into what I believed would be the worst component of my profession,” suggests David Lukes, CEO of SITE Centers, the Beachwood-based firm that owns or co-owns numerous premium Columbus shopping centers such as Lennox City Heart, Polaris Towne Middle, Sunshine Heart and Easton Current market. “Leasing exercise now is the highest I’ve ever viewed it. This is the most shocking turnaround I have ever found.”