Al Urbanski
ARTICLES BY THIS AUTHOR
- 5/18/2020
Macerich plans to have 35 centers open by the end of May
Macerich, one of the nation’s top mall owners, is making progress in its efforts to get properties quickly back in business in the post-COVID-19 world. - 5/14/2020
Re-opened Ikea centers in Europe and Asia see 80% traffic returns
Ten Ikea-anchored shopping centers in Poland opened up after 51 days of shutdown and counted an 87% return of normal traffic. - 5/14/2020
Big Minnesota malls begin opening on Monday
Two major malls in the Minneapolis metro will welcome back shoppers on Monday. - 5/14/2020
Who’s paying rent and who’s not? (Staples paid!)
News outlets reported in early April that Sycamore Partners refused to pay April rents for its Staples stores during the pandemic, even though the stores remained open. - 5/13/2020
COVID-19 could open up prime locations for cannabis retailers
Landlords of outdoor shopping centers—especially those with loads of closed stand-alone restaurants—may want to develop some contacts in the cannabis dispensary business. - 5/13/2020
CBRE: Restaurants will re-open slowly and cautiously
The restaurants, bars, food halls, and brew pubs that have been top traffic-builders in new town centers and mixed-use projects will need time to re-establish themselves as markets re-open. - 5/12/2020
Casto named one of Ohio’s best employers
One of Ohio’s biggest retail developers, with 65 properties in the state, is also one of its best companies to work for. - 5/12/2020
Macerich posts positive Q1 results through February
Macerich put a positive spin on its first-quarter financial results by cutting the period short in reporting some measures. - 5/11/2020
Retail center owner in D.C. readies re-opening plan
Though government officials in the Washington D.C., area have yet to set a re-opening date for all retailers, Peterson Companies is ready for the day.
