More than five million people in the United States applied for new business licenses in the transformational year of 2021, and one California mall is doing its part to get a few of them up and running.
Unable to fill a 300,000-sq.-ft. space left vacant by Macy’s, Brookfield Properties has given up its attempt to save Water Tower Place, the first indoor mall built in Chicago.
PREIT, the mall owner which years ago set a minimum average sales-per-sq.-ft. number as a marker for dispossession, now finds itself with record-high receipts.
Immediate actions taken by Sandy Sigal on behalf of his tenants in March 2020 have resulted in him being honored this week by the California Business Properties Association.
With a Whole Foods Market about to take up residence at Huntington Shopping Center, Federal Realty has announced a $75 million makeover of the property on Long Island’s north shore.