BLOG POSTS BY THIS AUTHOR
Oct 2019
Oct 11
The Experience-to-Stuff Ratio
It’s no secret that a successful retail center of any kind in 2019 — be it an outdoor center or an enclosed mall — must re-jigger its mix to include a wide variety of food, beverage, and entertainment-based tenants.
ARTICLES BY THIS AUTHOR
May 2022
May 16
TORG’s David Hinkle on the unique role of outlet centers
For more than 17 years, David Hinkle served as president of National Book Warehouse & The Book Market.
May 13
PREIT’s Joe Coradino on 21st Century Malls
When Joe Coradino took the helm of big mall owner PREIT nearly a decade ago, he set a line at an average sales per sq. ft. of at least $500 per center.
May 13
Don Casto on retail properties post-pandemic
Don M. Casto III’s father, Don M. Casto, Sr., started the Columbus-based Casto real estate company to develop single-family homes and shopping centers.
May 12
Pine Tree takes over management of 10 Slate Grocery centers
If you have stores in Slate Grocery centers in Minnesota, Illinois, or North Dakota, chances are you’ll now be dealing with real estate professionals from Pine Tree.
May 11
Jeff Edison: Why America Loves Grocery
Convenience, proximity, and resilience. Those are the three great reasons why grocery-anchored centers lift neighborhoods and co-tenants, according to Jeff Edison.
May 10
Crocker Park developer puts Stark Enterprises in the hands of his son
Bob Stark, whose Crocker Park in Westlake, Ohio, helped define the modern community-based town center, is stepping aside at Stark Enterprises.
May 06
North American Properties acquires Yonkers mixed-use center
Ridge Hill, a prime mixed-use center that sits atop a scenic hill in Yonkers, NY, is due for the kind of repositioning that made Avalon center the toast of Alpharetta, Ga.
May 04
American Dream’s latest new attraction: Paradox Museum
Is the newly announced museum at Triple Five’s American Dream an actual attraction or just an absurd self-contradiction?
May 04
JLL: Traffic at Sunbelt restaurants far outpaces those in the North
The numbers of on-premise diners at restaurants in Austin and Miami 25% are higher than they were in 2019.
May 03
Award-winning Dallas mall signs six new tenants
Galleria Dallas, known as the presenter of one of the best Christmas celebrations in mall-dom, has six new presents to offer its loyal shoppers.
May 02
Garden State Plaza jumps on trend of short leases for local stores
PREIT has been doing it, CBL is doing it, and now another big mall owner is offering special lease terms to local and minority-owned businesses to add variety to its tenant lineups.
Apr 2022
Apr 27
Cullinan Properties hires investment director
Cullinan Properties, developer of noted mixed-use projects such as Streets of St. Charles and The Levee District in East Peoria, has hired a new senior VP and director of investments.
Apr 22
First Look: Haagen-Dazs’s new shop design
A bold new color scheme brightens up Haagen-Dazs’s new shop design, something one might naturally expect from an artist named Jade Purple Brown.
Apr 20
Survey: Shoppers will flock back to physical stores in 2022
Nearly nine of 10 consumers say they will be buying more at brick-and-mortar this year.
Apr 19
URW survey: Shoppers will pay a premium for sustainability
Westfield shoppers are willing to pay more for sustainable goods.
Apr 13
Santa Monica Place welcomes small and local businesses with short-term leases
More than five million people in the United States applied for new business licenses in the transformational year of 2021, and one California mall is doing its part to get a few of them up and running.
Apr 12
Pet Paradise Resorts re-brands and expands its veterinary service
The pet boarding chain that features splash pools and synthetic grass dog parks has announced an upscale upgrade for its animal healthcare services.
Apr 12
Topgolf opens first venue with an actual 10-hole golf course
Topgolf fans who want to leave their lofty links balconies with food and drink service and play a little actual golf can now do so at its new venue in El Segundo, Calif.
Apr 11
Southwest Florida center adds six tenants in COVID comeback
Marketing director Valerie Cope says Mercato’s rebound from the pandemic in Naples, Fla., has been accelerated by the signing of six new tenants.
Apr 08
Brookfield hands Chicago’s Water Tower Place back to its lender
Unable to fill a 300,000-sq.-ft. space left vacant by Macy’s, Brookfield Properties has given up its attempt to save Water Tower Place, the first indoor mall built in Chicago.
Apr 07
First National Realty debuts in Texas
A New Jersey-based real estate investment firm, most of whose 43 outdoor centers are found east of the Mississippi River, has purchased its first property in Texas.
Apr 07
American Dream inks deal with Live Nation; Ludacris to appear on May 7
Don Ghermezian has long held that his American Dream center is not a mall, but an entertainment brand.
Apr 06
Michigan Mall morphs into a business center with retail
What once was Michigan’s Mall of Monroe, between Detroit and Toledo, was devoid of traffic for years after the departure of anchors like Target and J.C. Penney’s.
Apr 06
Avalon’s owner adds The Forum on Peachtree Parkway to its portfolio
With its latest acquisition, North American Properties claims to have achieved “critical mass” control over aspirational mixed-use developments in the tony North Atlanta suburbs.
Apr 05
First Washington Realty acquires Donahue Schriber
An affiliate of First Washington Realty has acquired Donahue Schriber group to form one of the leading outdoor center operators with 150 properties.
Apr 04
5Qs for Placer’s RJ Hottovy on how data is driving store expansion
How traffic data is leading retailers to the right markets, not just the hot markets.