Matt Haller

Stay informed with Matt Haller’s coverage and analysis for Fortune.

  • SAN FRANCISCO, CA – JUNE 14: A pedestrian is seen reflected in the window a closed business on June 14, 2023 in San Francisco, California. San Francisco’s downtown continues to struggle with keeping retail and commercial properties rented following the COVID-19 pandemic, and lags behind all major cities in the U.S. and Canada. Westfield has stopped making payments on a $558 million loan for their mall at 865 Market St. weeks after their anchor tenant Nordstrom announced plans to pull out of the mall. Downtown San Francisco has an estimated 18.4 million square feet of available real estate. (Photo by Justin Sullivan/Getty Images)Commentary

    Why fast-food franchisees could be the next cohort to leave California

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