Renovation of Annapolis Town Center complete; new tenants announced“If you renovate it, they will come” must have been the motto for Fort Worth-based Trademark Property Co. used when it started redeveloping Annapolis Town Center. Macerich increases its quarterly dividend citing strong leasing and cash flow One of the nation’s biggest mall operators has issued a strong signal of post-pandemic recovery. Survey: Half of Americans would buy a house next door to a cannabis dispensary Will traditional retail center tenants, too, welcome them as neighbors? Pep Boys’ shuttering of its auto parts business makes 81 storefronts available The auto service chain’s owner, Icahn Automotive, leased 109 such locations to Advanced Auto Parts last year. 5Qs for Ron Goldstone on how municipalities impede retail’s redevelopment Local government officials want Target to fill that empty Walmart store, not a self-storage facility—but that’s unlikely to happen. Mall Do’s & Don’ts: Create a city within a city In shopping centers, says URW development chief Geoff Mason, social interaction has become just as important for people as shopping. New York sees big increase in workers returning to offices A sharp rise of 12 percentage points moves the Big Apple ahead of San Francisco, Los Angeles, and Philadelphia. Tanger increases its stock dividend by 10% based on strong leasing activity The outlet chain’s net operating income jumped by 7.4% in the first half; occupancy rate nears 95%. Scottsdale Fashion Square unveils designs for its second phase of renovation The elegant furnishings that lured 50 sumptuous brands to its new luxury wing will soon take up residence in its south wing. JLL’s retail real estate chief Greg Maloney to retire Longtime associate Kristin Mueller will replace him as president of the global real estate company’s retail division. Moody’s Analytics: To survive, malls must share in the risks of their tenants American malls must attain average sales per sq. ft. of at least $520 to stay in business—minus the sales of high-volume tenants like Apple and Lululemon. Iowa outlet center is now an “Outlet & Marketplace” Outlet centers that have longed relied on tourist trade are now homing in on regular business from locals. First Previous 12 13 14 15 16 Next Last
