Good retail vibrations felt at ICSC New YorkAnd they promise to keep buzzing with the Fed’s promise of three interest cuts in 2024. DLC to extend its expansion spree with new capital The open-air center operator plans to double the size of its portfolio by 2026 using funding from Temerity Strategic Partners. Yonkers’ Ridge Hill center is set to be redeveloped North American Properties embarks on its sixth big mixed-use redevelopment in six years. Tanger buys Alabama center — third acquisition this quarter Not an outlet this time. Bridge Street Town Centre in Huntsville is a full-priced property featuring food, shopping and entertainment. A&G to offer 79 more Rite Aid store leases The financial restructuring of the country’s third-largest drug store chain continues. West Ridge Mall in Topeka to undergo mixed-use redevelopment A local investment firm has purchased one of Kansas’ largest shopping centers and with the goal of modernizing it. DLC spends $100 million on four open-air centers And, having made the deal on an off-market basis with its investment advisory, it intends to keep on buying. Rite Aid closing more stores Rite Aid is undertaking a new round of store closings. Josh Poag on getting deals done in a challenging market Few operators today can capitalize on promising opportunities for ground-up lifestyle center projects. Fifth Avenue remains world’s most expensive retail destination Ten blocks in Manhattan rank as the most expensive retail venue rent-wise in the world. WPG secures $1 billion in mortgage financing The former Simon unit, which filed for bankruptcy in 2021, claims it to be this year’s largest securitized retail financing deal. Trademark to develop 37-acre mixed-use center outside of Houston Trademark will build 225,000 sq. ft. of retail and 550 multifamily residences at Dunham Pointe in Cypress, Texas. First Previous 8 9 10 11 12 Next Last
