ARTICLES BY THIS AUTHOR
- 4/30/2021
Luxury retailers flock to Legacy West
The suburbs north of Dallas have long been a target for expanding retailers, and the Legacy West development in Plano has been snaring some of the most coveted brands. - 4/29/2021
PREIT reports leasing 600K sq. ft. of mall space in Q1
Leasing activity at PREIT properties during the first quarter of 2021 strongly contradicts a popular notion that malls will all perish post-pandemic. - 4/28/2021
Leasing activity’s on the rise in New Jersey, top broker says
Following a year when leasing activity declined by almost 30% in her state, a top broker in New Jersey sees a significant uptick in retail expansion with strong brands like Planet Fitness, Dollar Tree, and Five Below eagerly snapping up empty spaces. - 4/28/2021
Retail is rekindled on a former brownfield site in Baltimore
Two Baltimore guys named David Bramble and Peter Pinkard recently accomplished something few in town thought could be done. - 4/28/2021
Two-thirds of Americans think smaller cities and suburbs are cooler than major metros
Remote working has led millions of people to abandon apartments in major metros and move to smaller cities and suburbs. - 4/26/2021
My Eyelab sets its eyes on isolated locations
For folks in rural areas, eye examinations are often an annual family outing. Optical shops must pay opticians who do eye exams salaries in excess of $150,000, and that’s just not profitable in towns like Beersheba Springs, Tenn., or Deweyville, Utah. - 4/21/2021
Four tenants open in Easton’s new urban district
Easton Town Center’s $500 million new urban district, where an RH Gallery and an Arhaus have already been doing business, opened four new tenants this week. - 4/20/2021
PREIT’s rent collections topped 100% in last two quarters
PREIT has reported collecting 119% of rents at its 19 regional and super-regional malls in the first quarter due to payments of current obligations, as well as some it had deferred during the 2020 shutdowns. - 4/15/2021
Kimco and Weingarten merge to create top grocery-anchored center company
Kimco and Weingarten, both important operators of grocery-anchored shopping centers in the United States, have merged to become No. 1 in that business with a combined portfolio of 559 properties.