The top 15 most productive shopping centers in the U.S.in terms of average sales per square foot.
There ’s no doubt that shopping centers have taken a beating of late.The most successful,however,tend to have some common characteristics:they are popular tourist destinations,filled with high-end retailers,have a captive audience and/or are located in a densely populated area.Afterthe top 15,several centers reportedly fall slightly above the $600 range,including the Las Vegas Fashion Show and The Somerset Collection inTroy,Mich.More than a dozen centers are said to do $500 to $600 a square foot in sales,including powerhouses such as Garden State Plaza inParamus,N.J.and the Roosevelt Field Mall in Garden City,N.Y.The following list is based on consensus estimates.
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