ARTICLES BY THIS AUTHOR
- 9/21/2020
Easton adds Hawaiian cuisine to its massive dining lineup
With more than 60 restaurants dotting its property, one would expect to find any and every type of cuisine at Easton Town Center in Columbus, and it’s possible that that may now be the case. - 9/20/2020
Mall of America gives free space to retailers harmed by pandemic and social unrest
Minnesota’s Mall of America will dedicate a retail space called Community Commons to shops in Minneapolis and St. Paul whose businesses have been disrupted by the pandemic and social unrest brought about by the killing of George Floyd. - 9/20/2020
JLL forms retail-industrial task force to address last-mile fulfillment
With e-commerce sales surging past 20% during the pandemic, shopping center operators have had serious discussions about turning their empty department store anchors into last-mile distribution centers. - 9/17/2020
Emerging from the pandemic, PREIT signs new tenants at six malls
Shopping centers and malls continue to work their ways out of the confines of COVID-19 with gains in traffic and new tenants coming on-stream. - 9/16/2020
Owners optimistic about plan to save Connecticut’s largest mall
With 1.3 million sq. ft. of gross leasing area and minus two anchors with the departures of Sears and J.C. Penney, The Connecticut Post Mall in Milford is encountering the same questionable future. - 9/15/2020
Centennial hatches plan to let people shop their malls like they shop Amazon
Back in March and April, when the COVID-19 pandemic began putting malls out of business, Centennial executives hunkered down in a series of defensive planning meetings to weather the crisis. - 9/13/2020
Connecticut’s largest mall’s fate rests on zoning board’s decision
The Connecticut Post Mall in Milford lost its Sears and J.C. Penney and wants to fill those empty spaces with luxury apartments that owner Centennial thinks would fill a need in the community and save the property. - 9/13/2020
Leases for 280 Stein Mart stores are on the market
A&G Real Estate Partners announced it has begun marketing leases for 280 Stein Mart locations being closed in connection with the company’s bankruptcy filing. - 9/10/2020
PREIT puts pandemic focus on its parking lots
Like a lot of mall owners, PREIT has turned many of its parking lots into drive-in movie theaters during the COVID-19 pandemic, but it hasn’t stopped there. - 9/10/2020
Tanger to start its holiday shopping season on Nov. 1
The COVID-19 pandemic has succeeded in making people do a lot of things they’ve never thought of doing before, like beginning the Christmas season the day after Halloween. - 9/9/2020
Starwood misses debt payments, loses five malls
Starwood Capital Group missed as many as four payments on a $549 million commercial mortgage-backed security it used to buy a distressed group of seven malls in 2013 and, as a result, has lost five malls in an open bid. - 9/9/2020
Macerich has re-opened all but three of its malls
At 7 a.m. on Wednesday, 100 shoppers were waiting in line on Queens Boulevard in Elmhurst, eagerly anticipating gaining entry for the first time in months to New York City’s most highly trafficked mall, Queens Center.