Development/Redevelopment

The price of ‘T’ is cheap at closing Knoxville mall

The 15-by-10 ft. “Power T” from the Knoxville Center Mall is up for sale.
Former GM plant site to become Amazon fulfillment center

An e-tail giant will open its third supply chain facility in Delaware.
TravelCenters of America focuses on expansion

TravelCenters of America Inc. is looking to expand its footprint via franchising.
Cullinan Properties names new CFO

Cullinan Properties, developer of several mixed-use properties in the central United States, has hired Tim Hogenkamp as its new chief financial officer.
Analysis: J.C. Penney has ‘narrow’ path forward

After a long period of decline, JC Penney has finally bowed to the inevitable and filed for bankruptcy protection.
Report has Amazon in talks with J.C. Penney; bankrupt chain to close 242 stores

Amazon is said to be a contender for either all or parts of J.C. Penney, according to an exclusive report by WWD.
COVID-19 could open up prime locations for cannabis retailers

Landlords of outdoor shopping centers—especially those with loads of closed stand-alone restaurants—may want to develop some contacts in the cannabis dispensary business.
Casto named one of Ohio’s best employers

One of Ohio’s biggest retail developers, with 65 properties in the state, is also one of its best companies to work for.

Economists: COVID-19’s impact on retail real estate will be more severe than in 2008