Burlington Stores has signed at Maple Hill Pavilion in Kalamazoo, Mich., and plans to open there this fall. It’s Burlington’s second story in that metro, the other being located in Portage, Mich.
Rite Aid is moving its corporate headquarters from its longtime location in Camp Hill, Pa., to a new “enterprise headquarters” in Philadelphia’s Navy Yard district.
Mall owners have spent a lot of the last year in lease renegotiations with tenants. Not so much with owner-operators of community and neighborhood centers, according to Brixmor chief revenue officer Brian Finnegan.
Spinoso Real Estate Group has acquired Shops at Willow Bend—the mall in Plano, Texas, that Starwood Retail Group renovated in 2016—with plans to make changes that will increase traffic.
Major mall owner Washington Prime Group has announced that it will voluntarily delist its stocks from the New York Stock Exchange at the end of the month.
