CHEEKTOWAGA, N.Y. — The glass is half-empty or half-full – depending on how you look at it – for the Walden Galleria in Cheektowaga.
On one hand, after a 2022 filled with updates, the mall’s occupancy rate has remained steady during the first half of 2023 – the latest data available – and the shopping center has landed some big-name tenants over the last 12 months.
Conversely, the mall property continues to face financial challenges, amid a tough economy and challenging time for retail centers across the country, and a multi-million-dollar-loan still looms over it.
You can read more from our partners Buffalo Business First.