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No. of Recommendations: 3
I was thinking more of the following:

1) Redeveloped into more service and entertainment oriented tenants along with some retail - this is basically what a lot of mall owners were "trying to do", but mostly with limited success.
2) Turning some of them (or part of some of them) into some type of warehousing or distribution centers, a lot of them have a few loading docks and most of them are reasonably close to interstates.
3) Just tear them down.

As far as gyms, offices, apartments or parking lots.

Gyms and offices are kind of down and out right now. If things turn around how much more space would these uses need? Our local failing mall probably equals the sq ft of every fitness center in the county.

Apartments? Building codes in most places require bedrooms to have windows, so the existing structures would be tricky to turn into apartments.

Parking - for what?

I know of two failed malls here in Arkansas, one has been torn down and replaced with a Target and bunch of stand alone restaurants. The other is mostly a call center for telemarketers and the remainder is a venue that competes with the local convention center - to the detriment of both places.
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