Are shopping malls really dying? Or are we just missing what’s really happening beneath the surface?

In this eye-opening episode of the Property Profits Podcast, Dave Dubeau chats with Andy Weiner, President of RockStep Capital, about the surprising opportunities in retail real estate—specifically shopping centers and malls in secondary and tertiary markets. Andy pulls back the curtain on why his company is snapping up these assets and how they’re making them cash-flow positive from day one.

He shares:

• How Amazon and COVID actually created strength in retail by weeding out weak players

• Why the lack of new retail construction is a massive opportunity

• How positive leverage is reshaping retail investing

• Smart strategies to repurpose enclosed malls into thriving mixed-use centers

• Why local partnerships are a cornerstone of their investing model

Andy also gives real-life examples of mall transformations—including hockey arenas, grocery centers, and hospitality integrations—and explains why “boring cash flow” can be anything but boring.

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