Al Urbanski
ARTICLES BY THIS AUTHOR
- 12/10/2020
PREIT exits Chapter 11 with $130 million in new capital
PREIT has finished restructuring with its final lender and exited Chapter 11. - 12/8/2020
Retailers: Hygiene, personalization, and curbside pickup will remain in centers when COVID-19 exits
Several features that have taken hold in malls and shopping centers during the pandemic will continue to maintain their presences long after COVID-19 departs, according to three leading retail real estate managers. - 12/8/2020
5Qs for Michael Wiener on the pandemic’s effect on real estate values
We spent some time with Excess Space Retail Services’ president, Michael Wiener, to lay out what opportunities now present themselves to retail chains. - 12/8/2020
It was a most unusual Black Friday weekend for American malls
Socially distant shopping presented American malls with traffic patterns they hadn’t seen before and most likely won’t see again, according to Placer.ai’s tracking of nine of the nation’s most visible centers. - 12/7/2020
It’s a record! 11,000 closed stores and 40 retailer bankruptcies in 2020
It may be a record, but it’s not a surprise. - 12/6/2020
CBL opens 1.4 million sq. ft. of new retail in emergence from Chapter 11
Through the pandemic and a Chapter 11 restructuring, one of the nation’s largest owners of regional malls reports that it put tenants in 1.4 million sq. ft. of newly leased space as it attempts to transform its portfolio into suburban town centers. - 12/6/2020
$70.5 billion worth of online purchases will be returned this holiday season
In the first three quarters of 2020, third-party logistics companies leased 27% of warehouse space at properties sized 100,000 sq. ft. or more. - 12/2/2020
What the pandemic hath wrought: five key trends
For years, Phillips Edison’s national accounts and emerging trends team has been doggedly cataloging new trends in its neighborhood retail centers, but not as dogged as during COVID-plagued 2020.
