ARTICLES BY THIS AUTHOR
- 3/30/2021
5Qs for Ralph Conti on ground-up developments
Over four decades as a retail real estate developer, Ralph Conti has pretty much seen it all. - 3/30/2021
Ingka’s next Ikea-based urban center will rise in Toronto
The Shops at Aura, a shopping mall in downtown Toronto that sorely lacks traffic, has taken lots of abuse from the Canadian press for under-delivering to its retail tenants. - 3/29/2021
Cordish will create the entertainment concept at new Chicagoland project
The Cordish Companies has joined with UrbanStreet Group to develop an entertainment concept for The District at Veridian, the downtown portion of its 225-acre Veridian mixed-use district going up in Schaumburg, Ill. - 3/29/2021
Phoenix’s Paradise Valley Mall to be remade as a town center
Macerich has sold 95% of its interest in the Paradise Valley Mall in Phoenix and will retain 5% to work on its town center redevelopment with PV RE Devco in a partnership called RED Development. - 3/25/2021
Should online purchases picked up in stores count in percent-of-sales leases?
David Simon, chief executive of the largest mall-owner in the United States, wants tenants with percentage-of-sales leases to count merchandise purchased online but picked up in their stores to count those receipts in their monthly tallies. - 3/24/2021
CBRE: Warehouse space is limited, expensive, and likely to stay that way for some time
It’s a tough year for retailers to be in need of industrial warehouse and fulfillment space, according to CBRE’s retail leader and managing director of industrial and logistics. - 3/24/2021
Black community group raises $28 million to buy L.A. mall
Two bids made in the past year for the Baldwin Hills Crenshaw Plaza Mall in the Crenshaw neighborhood in Los Angeles were blocked by a Black community group, which this week released a statement announcing the raising of more than $28 million to purchase the property. - 3/18/2021
Long Beach retail site prepares for its third iteration
City Place, a 14-acre, big-box center in downtown Long Beach, Calif., that was the site of the Long Beach Plaza Mall appears headed for redevelopment as a mixed-use center. - 3/17/2021
Take a tour of Easton’s New District
Easton’s 16-acre, $500 million New District is now opening up and offering another inspired example of what gathering-dining-shopping-playing spaces can be in post-pandemic America. - 3/16/2021
Gainesville’s growing live-work-play project opens retail leasing for Phase 2
Celebration Pointe, the 1.5-million-sq.-ft. food-and-entertainment-driven center that opened in Gainesville in 2016, is emerging healthy from the COVID-19 crisis and recruiting new tenants to inhabit its Phase 2.