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3038 Hennepin Ave Minneapolis, MN
612-822-4611
End of Life: The Case of Aging Large-Scale Retail Properties

End of Life: The Case of Aging Large-Scale Retail Properties

Paperback

ManagementReal Estate

ISBN10: 3658479418
ISBN13: 9783658479411
Publisher: Springer Gabler
Published: May 24 2025
Pages: 212
Weight: 0.64
Height: 0.50 Width: 5.83 Depth: 8.27
Language: English
Retail is an increasingly dynamic environment, shaped by digitalization, empowered customers and broad socio-economic changes. These factors are impacting retailers' business models and, in particular, their offline stores, which are subject to physical deterioration and obsolescence.

Over time, the declining utility of built substance conflicts with increasing user expectations, ultimately leading to demolition. This includes significant urban, economic and environmental consequences. By analyzing an extended dataset based on the German demolition statistic, this study empirically examines the lifetime of demolished large-scale retail buildings. It identifies the characteristics of underperforming buildings as well as the triggers that ultimately lead to their demise.

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