Al Urbanski
ARTICLES BY THIS AUTHOR
- 10/3/2021
JLL closes $37.5 million sale of California center, says big-box retail is strong
A private family trust that developed Marketplace Beaumont in the Inland Empire east of Los Angeles in 2008 has sold it for $37.5 million in a marketplace in which investors are paying top dollar for viable retail centers in strong markets. - 9/30/2021
Fans flock to Westfield Centers to hear Lady Gaga debut 'Love for Sale'
Lady Gaga fans filled 20 Westfield Centers across the globe yesterday to watch her open a live performance singing Luck Be a Lady backed by a five-piece jazz band. - 9/29/2021
JLL: Consumer spending growth in 2021 will be highest since WWII
Net absorption of retail real estate—actual move-ins—will total 20 million sq. ft. in the second quarter according to JLL’s “Retail Outlook” for the remainder of 2021. - 9/28/2021
For restructuring awards, make it three for A&G
A&G Real Estate Partners has been honored a third time for its part in the restructuring of Tuesday Morning and GNC, this time with a Turnaround Award from M&A Advisors. - 9/28/2021
Spurned by the owner, an Illinois town attempts to redevelop its million-sq.-ft mall property
Bloomingdale, Illinois’ Stratford Square Mall has a vacancy rate of 69%. Its owner is doing little to reverse it, so village officials have stepped in to help reinvigorate the 1.3 million-sq.-ft. property. - 9/27/2021
Two new senior appointments at Cullinan Properties
Kathleen Cullinan Brill has been named executive VP of business development and investor relations at Peoria, Ill.-based Cullinan Properties. - 9/22/2021
Tenants are told to vacate the mall at Harborplace in downtown Baltimore
In the 1980s, Rouse’s Harborplace development in Baltimore was a model “festival marketplace” copied by declining downtowns across the country. This year, however, its mall will be closing. - 9/21/2021
A&G claims a second award for the restructuring of Tuesday Morning
A&G Real Estate Partners was recognized along with other advisory and banking firms that assisted Tuesday Morning in its restructuring. - 9/20/2021
Macerich sells Tucson center to fuel its town center strategy with $100 million
Macerich, one of the top 20 owners of retail real estate in the U.S., has sold La Encatada, a high-end specialty center in Tucson for $165 million, generating $100 million in liquidity. - 9/19/2021
Phillips Edison sells California center
Phillips Edison & Company, one of the nation’s leading owner-operator of neighborhood centers, has sold Atwater Marketplace in Atwater, Calif. For an undisclosed price to a private investor.
