ARTICLES BY THIS AUTHOR
- 7/19/2021
5Qs for Josh Poag on lifestyle centers
Back in the 1980s, shopping center developer Dan Poag was developing a new property when his anchor, Kroger, dropped out. - 7/18/2021
ICSC changes its name; it’s shopping centers no longer
The International Council of Shopping Centers, whose operations were severely curtailed by the pandemic, has decided to change its name to Innovating Commerce Serving Communities. - 7/18/2021
Kite and RPAI merge; become a top five retail center REIT
Kite Realty Group and Retail Properties of America announced a merger in which RPAI will become a subsidiary of KRG. - 7/15/2021
Report: Center traffic in U.S. has risen 55% in 2021
Nationwide, the traffic flowing into stores, restaurants, and entertainment centers has risen by 55% since the start of the year. - 7/13/2021
Avalon's owner takes over Marietta center with plans to renovate
North American Properties announced that it has acquired a minority interest in The Avenue East Cobb in Marietta, Ga. - 7/13/2021
5Qs for Cindy Andersen on Ingka Centres’ U.S. plans
Here are two ways to remember that Ingka Centres, a major owner-operator of mega-malls in Europe, Russia, and China, is part of Ikea. - 7/13/2021
Maine’s new Rock Row center signs top chef to run its food hall
Rock Row, Waterstone Properties’ $600 million development in Portland, Maine, has hired chef Akhtar Nawab and his Hospitality HQ to operate the 26,000-sq.-ft. food hall it is planning to open. - 7/12/2021
Fox Valley Mall enters virtual reality with Thingamajiggz
Thingamajiggz, a new virtual reality video game experience whose headquarters is outside the Louis Joliet Mall in Joliet, Ill., is making a Chicago Western Suburbs expansion to Fox Valley Mall in Aurora. - 7/12/2021
Home sales in the top 50 MPC’s increased by 20% in the past year
Expanding retailers looking for hot new markets might want to start with master-planned communities where home sales are going through the master-planned roof. - 7/12/2021
Three dozen new tenants replaced 19 anchors at PREIT malls in past five years
The new mall formula now calls for fewer department stores and more tenants like gyms, restaurants, medical offices, and arcades that bring round-the-clock traffic.