ARTICLES BY THIS AUTHOR
- 3/1/2021
Amazon 4-Star opens at Pyramid’s Crossgates complex in Albany
Pyramid Management Group, the owner of Destiny USA in Syracuse that prides itself on innovative re-tenanting, has announced the opening of its first Amazon 4-Star store at its Crossgates property in Albany, N.Y. - 3/1/2021
Topgolf announces new location in Fort Myers, Fla.
Topgolf has announced it will open its seventh Florida location later this year in Fort Myers, Fla., off I-75 near the Cypress Lakes development. - 2/28/2021
Post-pandemic values of malls fall by 60%
America’s premier owner and operator of malls, Simon Property Group, marked 13 of its properties as “non-core” in its last earnings report. - 2/25/2021
Indianapolis’s first mall is about to enter its third phase with residential units
When Glendale Shopping Center opened in 1958 with a concourse connecting the William H. Block and L.S. Ayres department stores, it was the city’s first mall. - 2/24/2021
Macerich seeks help from investment bank for notes that come due in July
With malls stymied by pandemic-related closures and bankrupted tenants, Macerich finds its cash flow limited and has hired the PJT Partners investment bank to help it deal with a $1.5 billion revolving credit facility that comes due in July. - 2/24/2021
Pyramid to add residential developments at all its malls
The pandemic’s historic super-charging of online shopping has forced nearly every owner-operator of enclosed malls to rethink their components. - 2/23/2021
National Harbor signs four new tenants
The Gaylord convention center and hotel at National Harbor, located just outside of Washington, D.C., in Maryland, remains closed. - 2/22/2021
Kimco and Brixmor are among the 10 Most Sustainable REITs
Two prominent developers of outdoor shopping centers have made Barron’s annual list of the 10 Most Sustainable real estate investment trusts. - 2/22/2021
5Qs for Josh Campbell on retail real estate’s new order
In the 40 years since its beginnings in Tulsa, Stan Johnson Company, a real estate investment brokerage, has done $40 billion worth of deals. - 2/22/2021
Shake Shack is 2nd tenant at new Circle East in Towson
Shake Shack opened on Feb. 20 at RPAI’s new Circle East mixed-use development in downtown Towson, Md.