ARTICLES BY THIS AUTHOR
- 6/24/2020
California center owners sue Michaels and Red Lobster for not paying rent
Owners of two shopping centers in Salinas, Calif., say they’ve made COVID-19-related rental agreements with all but two of their 80-plus tenants. - 6/24/2020
Survey: Only 12% of national brand tenants asked for rent abatements
Though pandemic-plagued shopping center landlords all complained of some national retail chains that refused to pay rent at all, only 12% of those willing to post their monthly payments asked for abatements. - 6/23/2020
NY retailer on malls not opening in Phase 4: ‘Devastating’
In a Tuesday news conference, New York State Budget Director Robert Mujica released preliminary information about the state’s Phase 4 re-openings next week. Mall retailers were not happy. - 6/23/2020
Simon opens Premium Outlets in Bangkok with Asian partner
Few brand new shopping destinations are debuting as the pandemic lingers, but a big grand opening is happening this week on the continent where COVID-19 started. - 6/22/2020
Simon-Taubman deal hearing set for Wednesday
Taubman Centers’ fight to close its merger deal with Simon Property Group begins tomorrow, according to CNBC. - 6/22/2020
CBRE names new chief of U.S. retail real estate
John Morris has had his role expanded to serve as leader for Americas Retail at CBRE. - 6/21/2020
PREIT reports non-anchor occupancy at 85% across its re-opened malls
One of America’s biggest mall owners is back in business with a great majority of its tenants at their registers. - 6/21/2020
Yonkers town center moves back into full business mode
The 21st Century, mixed-use town center proved well-equipped to deal with the COVID-19 shutdowns, in large part because its many restaurants have front doors on a street that makes curbside delivery easy.