ARTICLES BY THIS AUTHOR
- 11/30/2020
O’Reilly named CEO of Howard Hughes Corp.
The CFO who was made president of Howard Hughes Corporation and continued in both those roles while serving as interim CEO has now been formally invested with the top job. - 11/30/2020
PREIT expects to emerge from Chapter 11 this month
Having had the Bankruptcy Court for the District of Delaware confirm its restructuring plan, PREIT issued an announcement that it expected to emerge from Chapter 11 bankruptcy protection within the next few weeks. - 11/30/2020
Is America Yearning for American Dream?
The 2020 pandemic wore hard on American retail centers. They are now all trying to re-invent themselves as entertainment and dining centers. - 11/24/2020
In Mass., mall to be replaced by distribution center
Greendale Mall in Worcester could serve as the poster child for COVID-19’s acceleration of online shopping and demand for merchandise fulfillment services. - 11/19/2020
20% more people will do holiday shopping online this year
Eighty-six percent of consumers surveyed about their 2021 holiday shopping plans said they would do their shopping online this year. - 11/19/2020
Brick+Click opens DTC showrooms in two major Westfield malls
Unibail Rodamco Westfield has opened another Brik + Clik showroom at Westfield World Trade Center in New York. - 11/17/2020
Rockefeller Center intros six-month lease deals for retailers
Real estate researcher CoStar this week reported that sublease space in the second quarter reached 157 million sq. ft. or 1.7% of the total office inventory. - 11/17/2020
NYC’s Queens Center Mall returns from special servicing
One of big mall owner Macerich’s chief properties, the million-sq.-ft. Queens Center Mall that serves as that New York City borough’s retail nexus, has emerged from special servicing brought upon by the pandemic downturn. - 11/16/2020
69-Acre mixed-use project breaks ground outside Raleigh
Hines and Columbia Development has broken ground on what will be one of the largest retail-focused developments under construction in the United States this year. - 11/16/2020
Gainesville mega-center to do Christmas tree lightings on five consecutive Fridays
The massive Butler retail complex in Gainesville, Fla., has five supermarkets and 44 food and beverage establishments, so why not five Christmas tree lightings?